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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.

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5 Aug 2020 15:11

UK EXECUTIVE CHANGE SUMMARY: InnovaDerma CEO Steps Down Immediately

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4 Aug 2020 13:58

IN BRIEF: Redx Pharma Inks Licencing Agreement With AstraZeneca

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4 Aug 2020 08:45

Redx Pharma surges on AstraZeneca licensing agreement

(Sharecast News) - Redx Pharma shares soared on Tuesday after it signed a licensing agreement with AstraZeneca for its porcupine inhibitor for fibrotic diseases, RXC006.

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1 Jul 2020 17:15

UK DIRECTOR DEALINGS SUMMARY: Braveheart Buys Stake In RMS From Brown

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30 Jun 2020 14:47

IN BRIEF: Redx Pharma Plans USD30 Million Fundraise; Loss Narrows

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18 May 2020 14:39

UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

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1 May 2020 14:36

Redmile Acquires Additional 34% Stake In Redx As Offer Closes

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23 Apr 2020 15:40

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

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9 Apr 2020 18:38

Redmile Buys Further 24.1 Million Redx Shares, Now Holds 58% Stake

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2 Apr 2020 18:32

Redmile Ups Redx Pharma Stake, Buys Further 24 Million Shares

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30 Mar 2020 17:04

Redx Pharma Secures GBP5 Million Loan From Redmile Group

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UK WINNERS & LOSERS SUMMARY: Premier Oil Up As It Retains Guidance

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13 Mar 2020 10:31

Redx shares surge on possible cash offer from Yesod

(Sharecast News) - Drug discovery and development company Redx Pharma has received a further private approach from Yesod Bio-Sciences, it announced on Friday, that could lead to a possible cash offer for the entire issued and to be issued share capital of the company, at a price of 15p per share.

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13 Mar 2020 09:26

Shares Soar As Redx Pharma Receives Two Acquisition Offers, Agrees One

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