Poolbeg Pharma consortium wins grant to develop oral vaccines
The company said it is continuing to target further non-dilutive funding opportunities
Company
LON:POLB
Poolbeg Pharma plc (AIM: POLB) is a clinical-stage biopharmaceutical company with a core focus on transforming the cancer immunotherapy field. The Company’s lead asset, POLB 001, has the potential to expand administration of cancer immunotherapies from centralised specialist cancer centres into community hospitals by making the treatments safer through the prevention of the life-threatening side effect, Cytokine Release Syndrome (CRS). As such, POLB 001 could increase the number of patients that can receive these life-saving treatments, thereby increasing the market opportunity. Poolbeg is also advancing the development of a patient-friendly therapy for obesity with an oral encapsulated GLP-1, offering a differentiated approach within one of the world’s largest markets. With multiple near-term clinical value inflection points, and an experienced team with a proven track record, Poolbeg is focussed on partnering its high value programmes that are targeting large markets and addressing critical unmet medical needs.
134 stories · page 2 of 2
The company said it is continuing to target further non-dilutive funding opportunities
It partnered with OneThree Biotech to carry out the research
Jeremy Skillington bought 718,733 shares at 4.78p each
The company expects to receive the formal US patent grant "in due course"
POLB 003 is a prospective treatment to prevent Melioidosis
The company's corporate broker finnCap pointed to a series of potential inflexion points for the drug developer
POLB 001, a treatment for severe flu, is the company's most advanced asset
Archive
Some of the biggest movers up and down on Aim over the past week
Researchers will formally commence the trial of POLB 001 on July 22
A model will be built to discover and identify the disease signatures that define RSV infection
A look at some of the major movers in the small-cap world this week
It has secured protection for two key assets - POLB 001 and POLB 002
POLB 001 is being developed to reduce the body's hyperinflammatory response to the severe form of the virus
POLB 002 is a nasally administered treatment with the potential to protect against respiratory virus infections
One of the buyers is an experienced life sciences investor
It is working with the Centre for Human Drug Research with the human challenge study getting underway in June
The life sciences group is teaming up with CytoReason
The clinical-stage infectious disease pharmaceutical company also posted a voting proxy form to its shareholders
The company had £20.9mln on the balance sheet at the end of the period and is also evaluating opportunities for non-dilutive grant funding to support the development of its pipeline
Archive
Tertiary Minerals 0.2p £3.15m (LON:TYM) The mineral exploration and development company, whose strategic focus is on energy transition and precious metals announced that contractors have been appointed for the Company's upcoming drill progr
It has partnered with OneThree Biotech, a pioneer of artificial intelligence in the drugs arena
The deal looks to be a prelude to creating and offering oral vaccines
It is noteworthy that Poolbeg has been able to obtain rights to these products against the background of anti-infectives coming back into focus
The company will add to its pipeline a potential immunotherapy for respiratory virus infections
While anti-vaxxers continue to rail against mass inoculation, a major impediment to compliance continues to be the use of needles to administer the protection against the virus
Also known as Whitmore's disease, melioidosis is found in the soil and surface groundwater of many tropical and subtropical regions, causing pneumonia and severe sepsis with multiple organ abscesses
Professor Daniel Hoft has 32 years of experience and has published over 140 peer-reviewed articles
The company has set Germany drug business Evotec as the benchmark
POLB 001 is what’s called an immunomodulator, which means it helps fight infection. It is being developed to treat severe flu
PredictViral is being developed to be used to detect respiratory viruses such as influenza, respiratory syncytial virus and human rhinoviruses that cause over half of all common colds
The collaboration with Eurofins is a ‘key step’ to commencing artificial intelligence analysis of its data and will mean it then has full immunological datasets for respiratory syncytial virus
Chief executive Jeremy Skillington said: "Our US patent assessment is going to plan and we look forward to updating our shareholders when we receive confirmation of its grant."
Archive
A look at some of the major movers in London on Monday
He said the company’s capital-light model has been well received by investors, said chief executive Jeremy Skillington