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Pin to quick picksScancell Holdings Share News (SCLP)

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Scancell To Start Clinical Trial For Cancer Treatment In 2021

Wed, 24th Jun 2020 12:18

(Alliance News) - Scancell Holdings PLC on Wednesday said it plans to begin a Phase 1/2 trial for its cancer treatment Modi-1 in the first half of 2021.

The cancer immunotherapy treatment firm said the study for Modi-1 will include patients with solid tumours such as triple negative breast cancer, ovarian cancer, renal cancer, and head and neck cancer.

Scancell noted successful completion of GMP drug substance manufacture for all three of the conjugates that make up the Modi-1 product, adding that technical challenges previously faced in relation to one of the peptide components have now been successfully resolved. This allows progression to GMP drug product manufacture and formulation of clinical supplies in the third quarter of 2020.

The trial announcement comes amid the company's publication of a peer-reviewed research paper in the Journal for ImmunoTherapy of Cancer which described Modi-1’s ability to stimulate potent T cell responses that translate into tumour protection in melanoma and ovarian cancer models.

"These data further validate the unique mode of action, and long-term protection, of citrullinated Moditope peptides and their potential as novel immunotherapies for hard to treat cancers, particularly when conjugated with the AMPLIVANT adjuvant to boost the overall immune response," said Scancell Chief Scientific Officer Lindy Durrant.

The stock was trading 9.7% higher at 6.25 pence each on Wednesday afternoon in London, but 12% lower than at the start of the year.

By Ife Taiwo; ifetaiwo@alliancenews.com.

Copyright 2020 Alliance News Limited. All Rights Reserved.

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(Alliance News) - Scancell Holdings PLC on Tuesday reported a narrowed loss as it gained on the revaluation of derivative liability.

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IN BRIEF: Scancell approved by MHRA to add new cohort to Scope trial

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Scancell raises GBP12 million in total from fundraise

(Alliance News) - Scancell Holdings PLC on Tuesday said it has raised GBP11.9 million in total, from an open offer, placing, and subscription of shares.

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IN BRIEF: Scancell raises GBP10.7 million in upsized share sale

Scancell Holdings PLC - Oxford, England-based developer of immunotherapies for treatment of cancer and infectious disease - Raises GBP10.7 million from the placing and subscription of 97.0 million new shares at 11 pence each. The placing is run by Stifel Nicolaus Europe Ltd and WG Partners LLP. Scancell also plans an open offer of shares at the same price to raise up to another GBP2.0 million. Scancell says the placing was oversubscribed and upsized as a result. After the London market close on Thursday, Scancell had announced plans to raise just GBP6 million in the placing. It says the raise was led by "new institutional and life science specialist investors".

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Scancell shares up as presents "trailblazing" trial data

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