Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksREDX.L Share News (REDX)

  • There is currently no data for REDX

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Redx Pharma Drug Candidate RXC006 To Be Developed As Fibrosis Drug

Fri, 30th Nov 2018 10:36

LONDON (Alliance News) - Drug developer Redx Pharma PLC said Friday its RXC006 drug candidate was able to suppress lung fibrosis in living organisms and will be developed as a treatment for idiopathic pulmonary fibrosis.

Shares in Redx were up 12% at 8.00 pence on Friday.

Idiopathic pulmonary fibrosis is an incurable and fatal disease that progressively scars the lungs makes it harder to absorb oxygen.

The build up of this scar tissue is called fibrosis, and it is caused by the uncontrolled activation of a type of cell called a fibroblast. Fibroblasts produce collagen, the key component of scars.

RXC006 suppresses the release of a certain protein by human lung fibroblasts which reduces their activation.

In its first public disclosure of RXC006, Redx Head of Fibrosis Peter Bunyard presented data showing the drug candidate was able to suppress lung fibrosis in vivo. That is, in living organisms.

In two mouse models, RXC006 reduced the deposition of collagen and had an impact on Ashcroft scores, a scale for estimating the severity of idiopathic pulmonary fibrosis.

"The data suggests that RXC006 has great potential to treat fibrosis in human patients. Redx are progressing RXC006 towards the clinic for the treatment of Idiopathic Pulmonary Fibrosis and plan to initiate first-in-man clinical trials during 2020," said Redx Chief Scientific Officer Richard Armer.

More News
1 Jun 2021 15:51

EXECUTIVE CHANGES: Tekmar hires former Kromek CFO; Redx chair departs

EXECUTIVE CHANGES: Tekmar hires former Kromek CFO; Redx chair departs

Read more
1 Jun 2021 15:51

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
19 May 2021 16:24

EXECUTIVE CHANGES: Imperial Brands CFO enters; DF Capital chair exits

EXECUTIVE CHANGES: Imperial Brands CFO enters; DF Capital chair exits

Read more
5 May 2021 16:37

IN BRIEF: Redx Pharma hires New York-based chief financial officer

IN BRIEF: Redx Pharma hires New York-based chief financial officer

Read more
28 Apr 2021 19:19

IN BRIEF: Redx Pharma starts dosing of first patient cohort of RXC004

IN BRIEF: Redx Pharma starts dosing of first patient cohort of RXC004

Read more
2 Mar 2021 21:39

TRADING UPDATES: Chariot expects gas in Morocco; Redx wants CFO in US

TRADING UPDATES: Chariot expects gas in Morocco; Redx wants CFO in US

Read more
23 Feb 2021 16:16

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
27 Jan 2021 14:06

IN BRIEF: Redx Pharma Full-Year Revenue Increases But Loss Widens

IN BRIEF: Redx Pharma Full-Year Revenue Increases But Loss Widens

Read more
20 Jan 2021 16:16

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
23 Dec 2020 15:52

Director dealings: Redx CEO ups stake

(Sharecast News) - Redx Pharma revealed on Wednesday that chief executive Lisa Anson had acquired 39,998 ordinary shares in the AIM-listed drug discovery and development group.

Read more
23 Dec 2020 14:50

UK DIRECTOR DEALINGS SUMMARY: San Leon Energy CEO Cancels Share Buy

UK DIRECTOR DEALINGS SUMMARY: San Leon Energy CEO Cancels Share Buy

Read more
21 Dec 2020 18:10

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

Read more
2 Dec 2020 17:39

IN BRIEF: Redx Pharma Conditionally Raises GBP25.5 Million Via Placing

IN BRIEF: Redx Pharma Conditionally Raises GBP25.5 Million Via Placing

Read more
27 Oct 2020 15:16

IN BRIEF: Redx Pharma Hires New Chief Medical Officer From Achilles

IN BRIEF: Redx Pharma Hires New Chief Medical Officer From Achilles

Read more
9 Sep 2020 13:33

IN BRIEF: Redx Pharma Teams With Jazz To Develop Cancer Therapies

IN BRIEF: Redx Pharma Teams With Jazz To Develop Cancer Therapies

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.