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Redx Pharma cheers with progress on potential MRSA drug

Tue, 02nd Jun 2015 11:13

Redx shares jumped on the news it has reached the pre-clinical development stage with a new anti-infective compound designed to tackle MRSA, the bacteria that causes potentially lethal infections in humans.The pharmaceutical firm said the progress marked a "significant milestone" for its commercial partnership with the NHS. The compound is a member of the first new potential class of antibiotics to emerge in a generation and will be the first to progress through the development pathway established between Redx and the Royal Liverpool and Broadgreen University Hospitals Trust under the terms of their partnership."Redx's compound demonstrates excellent oral efficacy and has the potential to be easily administered both in the wider community and in a hospital setting," Redx said."This is in contrast to current treatment for MRSA, which typically requires in-hospital treatment with antibiotics available only in an injectable form."It is the third Redx programme to identify a drug development candidate since the start of the year.The next stage of development will be for the compound to undergo pre-clinical testing, after which it will go into clinical development within the hospital for testing on humans.Redx will then be responsible for the onward licensing of the candidate drug to a pharmaceutical partner for further development and commercialisation.Chief executive Dr Neil Murray said: "We're very excited by the possibilities presented by the discovery of this compound, which could have global implications in the fight against drug resistant infections. "The lack of new drugs to target drug-resistant infections is a critical issue, as is finding more efficient ways to administer them to patients."
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10 Mar 2022 20:31

IN BRIEF: Redx Pharma notes encouraging safety data for RXC007

(Alliance News) Redx Pharma PLC - Cheshire-based cancer and fibrosis drug developer - Says phase 1 data presented at Virtual Interstitial Lung Disease Drug Development summit shows novel anti-fibrotic drug candidate, RXC007, possesses excellent safety and pharmacokinetic profile in both the single and multiple dose phase. No adverse events were observed following single doses of 2-70 milligrams, dosed once or twice in a day and no serious adverse events were observed in the multiple dose phase, dosed at 50mg twice daily for 14 days, with only transient, reversible mild adverse events observed, it says.

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1 Mar 2022 15:59

UK shareholder meetings calendar - next 7 days

Wednesday 2 March 
Ecofin Global Utilities & Infrastructure Trust PLCAGM
Mila Resources PLCAGM
Paragon Banking Group PLCAGM
River & Mercantile UK Micro Cap Investment Co LtdAGM
Thursday 3 March 
Chemring Group PLCAGM
Petro Matad LtdAGM
Zytronic PLCAGM
Friday 4 March 
Asia Strategic Holdings LtdAGM
Challenger Energy Group PLCEGM re equity raise
JPMorgan Russian Securities PLCAGM
Monday 7 March 
Crystal Amber Fund LtdGM re change of investment policy
Tuesday 8 March 
Anglesey Mining PLCGM re delisting
Caretech Holdings PLCAGM
Driver Group PLCAGM
Redx Pharma PLCAGM
Schroder European Real Estate Investment Trust PLCAGM
Shoe Zone PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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27 Jan 2022 19:12

UK EARNINGS: Colefax reports robust interim results; Redx loss widens

UK EARNINGS: Colefax reports robust interim results; Redx loss widens

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23 Dec 2021 17:28

IN BRIEF: Redx shares up on USD9 million milestone payment from Astra

IN BRIEF: Redx shares up on USD9 million milestone payment from Astra

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9 Dec 2021 19:44

TRADING UPDATES: Porvair expects revenue hike; Xtract's new discovery

TRADING UPDATES: Porvair expects revenue hike; Xtract's new discovery

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6 Dec 2021 19:18

TRADING UPDATES: Great Western notes good assays; Guild signs Villalba

TRADING UPDATES: Great Western notes good assays; Guild signs Villalba

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15 Nov 2021 12:19

TRADING UPDATES: Billington project delays; Urban Logistics cash raise

TRADING UPDATES: Billington project delays; Urban Logistics cash raise

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1 Nov 2021 16:25

EXECUTIVE CHANGES: TP Group CEO out as Science Group tightens grip

EXECUTIVE CHANGES: TP Group CEO out as Science Group tightens grip

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11 Oct 2021 18:25

IN BRIEF: Redx Pharma sees upbeat new clinical data from ongoing study

IN BRIEF: Redx Pharma sees upbeat new clinical data from ongoing study

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6 Sep 2021 10:38

AIM WINNERS & LOSERS: Marechale stock doubles; Falcon extends gains

AIM WINNERS & LOSERS: Marechale stock doubles; Falcon extends gains

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2 Sep 2021 14:43

TRADING UPDATES: Serica's Rhum starts production; XLMedia buys in US

TRADING UPDATES: Serica's Rhum starts production; XLMedia buys in US

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27 Jul 2021 22:05

TRADING UPDATES: Wizz Air and Mitie face pressure over director pay

TRADING UPDATES: Wizz Air and Mitie face pressure over director pay

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17 Jun 2021 14:07

Redx Pharma gets milestone sum from AstraZeneca for therapy progress

Redx Pharma gets milestone sum from AstraZeneca for therapy progress

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7 Jun 2021 12:17

TRADING UPDATES: Steppe Cement profit rises as production costs cut

TRADING UPDATES: Steppe Cement profit rises as production costs cut

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3 Jun 2021 19:20

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

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