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E-Therapeutics and C4X upbeat on Parkinson's collaboration

Thu, 06th Dec 2018 16:04

(Sharecast News) - Network-driven drug discovery company e-Therapeutics and C4X Discovery Holdings updated the market on their collaboration on Thursday, to identify novel intervention strategies for the potential treatment of Parkinson's Disease (PD).The two AIM-traded firm described PD as a progressive neurological disease which affected up to 10 million people worldwide, with incidence increasing as the global population aged.They said that, while to date some PD drivers had been identified, it had not resulted in any novel therapies.C4X's proprietary genetic target discovery technology 'Taxonomy3' had found multiple novel disease-associated genes in Parkinson's Disease (PD), in addition to identifying discrete patient subgroups that could potentially provide an opportunity in stratified medicine, the companies said.It was estimated that selecting genetically-supported drug targets should double the success rate of investigational new drugs in clinical development.Those genetic discoveries provided a "significant opportunity" to uncover biological processes central to the causation and progression of disease.E-therapeutics' proprietary 'Network-Driven Drug Discovery' (NDD) approach was applied to the unique dataset, with the study analysing approximately 200 PD-associated genes identified by C4X's Taxonomy3 genomics platform.Initial results identified novel potential pathophysiological mechanisms relevant to PD, as well as highlighting known mechanisms, the companies claimed.They said the implications of such insights were now being explored further, and suggested a number of novel intervention strategies that could be taken forward using ETX's NDD approach, as well as providing another basis on which to select targets derived directly from C4X's Taxonomy3 platform.Ultimately, the approach could yield new drugs to treat the disease, C4X and e-Therapeutics said."The initial results from this collaboration highlight the critical importance of considering biology in a network context to gain insights into clinically relevant biological mechanisms in complex disease," said e-Therapeutics head of discovery biology Alan Whitmore."The ability to link genetic data to disease mechanism remains one of the greatest challenges of our industry."Whitmore said that, by using the advanced computational analytics of the NDD platform, the company was able to confirm the centrality of a number of known mechanisms in PD and, importantly, identify potential new ones."This in turn, opens up the prospect of new approaches to the discovery of effective novel drugs to tackle this and other undertreated, debilitating conditions."Craig Fox, chief scientific officer at C4X, added that following the identification of novel drug targets for the treatment of PD from the direct findings from the Taxonomy3 platform, the company recognised there still remained "untapped potential" in the proprietary analysis."By working with the team at e-Therapeutics and utilising their NDD platform, we have been able to access cutting-edge mathematical and data analysis techniques to augment and interrogate the vast amount of biological information currently available in both public and private databases."This combination has identified additional novel biological pathways for the treatment of PD and we look forward to moving these findings forward to initiate new drug discovery programmes."
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25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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15 Apr 2024 14:17

IN BRIEF: C4X Discovery shareholders approve of taking firm private

C4X Discovery Holdings PLC - Manchester, England-based drug discovery company - Shareholders pass all resolutions at general meeting, including resolution one: to cancel the admission of shares to trading on AIM in London, effective from the opening bell on Friday next week. Resolution one passes with 93% voting in favour and 6.9% voting against. Resolution two passes by a similar margin, meaning shareholders approve of C4X re-registering as a private limited company with the name C4X Discovery Holdings Ltd. This is expected to take place in the week beginning April 29.

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8 Apr 2024 14:26

UK shareholder meetings calendar - next 7 days

Tuesday 9 April 
Ethernity Networks LtdEGM re board appointments and option grants
Wednesday 10 April 
Valereum PLCAGM
Wincanton PLCGM re takeover by GXO Logistics Inc
Thursday 11 April 
AstraZeneca PLCAGM
Friday 12 April 
SigmaRoc PLCAGM
Monday 15 April 
C4X Discovery Holdings PLCGM re re-registering as private limited company
i3 Energy PLCGM re proposed capital reduction
Molecular Energies PLCGM re delisting
Vanquis Banking Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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27 Mar 2024 11:56

C4X Discovery seeks AIM delisting but half-year revenue skyrockets

(Alliance News) - C4X Discovery Holdings PLC shares plunged on Wednesday after it said it plans to delist from AIM in London, due to "the recent downturn in the financial markets" hampering its valuation.

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16 Jan 2024 15:27

UK shareholder meetings calendar - next 7 days

Wednesday 17 January 
City Pub Group PLCGM re recommended cash acquisition by Young & Co's Brewery PLC
Diploma PLCAGM
Forward Partners Group PLCGM re takeover offer from Molten Ventures PLC
Impellam Group PLCGM re acquisition by Headfirst Global
Kazera Global PLCAGM
Majedie Investments PLCAGM
Orcadian Energy PLCAGM
Thursday 18 January 
Baillie Gifford European Growth Trust PLCAGM
J Smart & Co (Contractors) PLCAGM
tinyBuild IncGM re fundraise
Topps Tiles PLCAGM
Friday 19 January 
Cardiff Property PLCAGM
Character Group PLCAGM
Focusrite PLCAGM
Substrate Artificial Inteligence SAGM re investment agreement and issue of equity
Monday 22 January 
Highcroft Investments PLCGM re de-listing from LSE and relisting on TISE
Smart Metering Systems PLCGM & court meeting re takeover by funds advised by KKR
Tuesday 23 January 
C4X Discovery Holdings PLCAGM
Marston's PLCAGM
Mitchells & Butlers PLCAGM
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

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3 Jan 2024 12:10

LONDON MARKET MIDDAY: Stocks down before Fed minutes and US PMI data

(Alliance News) - Stock prices in London were down at midday on Wednesday, in cautious trade ahead of key US data and central bank minutes in the afternoon.

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3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

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3 Jan 2024 08:04

C4X receives USD11 million from AstraZeneca following NRF2 trials

(Alliance News) - C4X Discovery Holdings PLC on Wednesday said it has received payment from AstraZeneca PLC following trials of the C4X respiratory disease therapy treatment.

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3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

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3 Jan 2024 07:12

C4X Discovery receives $11m from AstraZeneca for COPD drug progress

(Sharecast News) - C4X Discovery, the AIM-listed drug discovery company, has received a "milestone payment" of $11m from biopharma giant AstraZeneca as part of the progress of its NRF2 Activator programme, causing shares to jump by nearly a half on Wednesday.

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14 Dec 2023 11:25

C4X Discovery shares topple 10% as loss widens on higher costs

(Alliance News) - C4X Discovery Holdings PLC on Thursday reported a wider annual loss as costs rose and revenue fell.

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7 Dec 2023 14:32

UK earnings, trading statements calendar - next 7 days

Friday 8 December 
Berkeley Group Holdings PLCHalf Year Results
Monday 11 December 
Begbies Traynor Group PLCHalf Year Results
Tuesday 12 December 
Chemring Group PLCFull Year Results
FRP Advisory Group PLCHalf Year Results
Gelion PLCFull Year Results
RWS Holdings PLCFull Year Results
Sosandar PLCHalf Year Results
Vianet Group PLCHalf Year Results
Wednesday 13 December 
Cohort PLCHalf Year Results
Thursday 14 December 
Balfour Beatty PLCTrading Statement
Bunzl PLCTrading Statement
C4X Discovery Holdings PLCFull Year Results
Capita PLCTrading Statement
Currys PLCFull Year Results
Gore Street Energy Storage Fund PLCHalf Year Results
IntegraFin Holdings PLCFull Year Results
Serco Group PLCTrading Statement
SThree PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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1 Aug 2023 17:39

TRADING UPDATES: C4X Discovery inks Indivior deal, Digitalbox expands

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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