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Pharma & Biotech

NetScientific hails the potential of investee company's cancer immunotherapy

The latest data points to a 71% response rate to the drug

NetScientific PLC (LON:NSCI) said an investee company will share additional data that will underline the potential efficacy of a breakthrough cancer immunotherapy.

PDS Biotechnology Corporation (NASDAQ:PDSB) will use its presentation at the prestigious American Society of Clinical Oncology (ASCO) annual meeting next month to reveal it has observed a 10-out-of-14, or 71% response rate to lead drug PDS0101.

There was one complete response, in a person with anal cancer, and nine partial responses from this difficult-to-treat grouping. The medication is still working for nine out of 10 patients five months on from first dosing.

The latest data come from a phase II evaluation of the PDS drug, which comes from the company’s Versamune platform. The study is being led by the National Cancer Institute.

NetScientific holds 5.75% of the US-listed company.

The oral presentation takes place on June 7. For more information click here.

Dr Ilian Iliev, chef executive of NetScientific and director of PDS, said: “We are pleased to see the additional data that further demonstrate the efficacy of the novel Versamune platform. It represents the significant potential that PDS0101 has with treating HPV-associated cancers.”