Sareum Holdings (SAR)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

45.20p
   
  • Change Today:
      1.70p
  • 52 Week High: 135.00
  • 52 Week Low: 10.25
  • Currency: UK Pounds
  • Shares Issued: 106.84m
  • Volume: 1,180,027
  • Market Cap: £48.29m
  • RiskGrade: 594

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Sareum notes success of PARP inhibitor SRA737

By Josh White

Date: Thursday 22 Feb 2018

LONDON (ShareCast) - (ShareCast News) - Specialist cancer drug discovery and development business Sareum Holdings noted on Thursday that Sierra Oncology - the licence holder advancing clinical cancer candidate SRA737 - announced yesterday that it will present preclinical data demonstrating that its Chk1 inhibitor SRA737 synergises with niraparib - a poly ADP-ribose (PARP) inhibitor - in a poster at the American Association of Cancer Research annual meeting 2018 being held in Chicago from 14-18 April.
The AIM-traded firm explained that PARP inhibitors prevent the repair of DNA damage, and are developed as treatments for cancer and other indications.

It said niraparib is an orally-active small molecule PARP inhibitor approved in the US to treat ovarian cancer.

Sierra Oncology holds exclusive and worldwide rights for the Chk1 inhibitor, SRA737, having licensed the programme from Sareum's co-investment partner, the CRT Pioneer Fund in September 2016.

"We are pleased to note this positive development from preclinical studies exploring the combination of SRA737 with the PARP inhibitor niraparib," said chief executive Dr Tim Mitchell.

"Combining these two modalities to induce synthetic lethality in cancer cells is a compelling proposition and we look forward to further data and details of a potential clinical development programme during the year."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sareum Holdings Market Data

Currency UK Pounds
Share Price 45.20p
Change Today 1.70p
% Change 3.91 %
52 Week High 135.00
52 Week Low 10.25
Volume 1,180,027
Shares Issued 106.84m
Market Cap £48.29m
RiskGrade 594

Sareum Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average
9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average
Price Trend
86.3% below the market average86.3% below the market average86.3% below the market average86.3% below the market average86.3% below the market average
51.85% below the sector average51.85% below the sector average51.85% below the sector average51.85% below the sector average51.85% below the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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Sareum Holdings Dividends

No dividends found

Trades for 03-Jun-2024

Time Volume / Share Price
15:05 58,849 @ 45.88p
15:37 45,209 @ 47.02p
16:35 1,319 @ 45.20p
16:35 1,319 @ 45.20p
16:29 2,372 @ 46.55p

Sareum Holdings Key Personnel

CEO Timothy J Mitchell

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