N4 Pharma (N4P)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 0.65p
   
  • Change Today:
      0.000p
  • 52 Week High: 3.07p
  • 52 Week Low: 0.50p
  • Currency: UK Pounds
  • Shares Issued: 394.78m
  • Volume: 168,735
  • Market Cap: £2.57m

N4 Pharma reports positive progress with SRI collaboration

By Josh White

Date: Tuesday 20 Aug 2024

LONDON (ShareCast) - (Sharecast News) - N4 Pharma, a specialist pharmaceutical company focused on the development of Nuvec, a novel delivery system for cancer treatments, gene therapy, and vaccines, updated the market on its collaboration with SRI International on Tuesday.
The AIM-traded company said SRI had successfully completed crucial chemistry work, demonstrating that the Fox Three Molecular Guidance System (MGS) could be integrated with Nuvec without compromising its loading capability.

In this phase of the project, SRI attached an siRNA compound to the combined Nuvec and Fox Three MGS, confirming that the compound was effectively internalised into the targeted cell type.

That marked a significant step forward in the development of Nuvec as a precise delivery system for targeted therapies.

The next stage of the research would focus on verifying that the siRNA retains its functionality once inside the target cell - a critical step in proving the efficacy of this advanced delivery system.

"This is an exciting development for us as it clearly shows that Nuvec is capable of targeting specific cells via the addition of a relevant ligand, something the industry is actively looking for," said chief executive officer Nigel Theobald.

"We will now start working on a combined marketing pitch deck allowing SRI and N4 Pharma to present this data and its implications to major pharma and biotech players that need a targeting delivery system for their nucleic acid programmes."

At 0949 BST, shares in N4 Pharma were up 11.64% at 0.61p.

Reporting by Josh White for Sharecast.com.

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N4 Pharma Market Data

Currency UK Pounds
Share Price 0.65p
Change Today 0.000p
% Change 0.00 %
52 Week High 3.07p
52 Week Low 0.50p
Volume 168,735
Shares Issued 394.78m
Market Cap £2.57m

N4 Pharma Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.35% below the market average43.35% below the market average43.35% below the market average43.35% below the market average43.35% below the market average
48% below the sector average48% below the sector average48% below the sector average48% below the sector average48% below the sector average
Value
43.35% below the market average43.35% below the market average43.35% below the market average43.35% below the market average43.35% below the market average
48% below the sector average48% below the sector average48% below the sector average48% below the sector average48% below the sector average
Income Not Available
Growth Not Available

N4 Pharma Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
13:32 214 @ 0.70p
13:17 9,273 @ 0.67p
12:14 255 @ 0.70p
11:23 50,000 @ 0.63p
11:22 3,726 @ 0.63p

N4 Pharma Key Personnel

CEO Nigel Theobald

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