Roundtable Discussion; The Future of Mineral Sands. 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 nominates next drug development candidate

Thu, 09th Jan 2020 16:02

(Sharecast News) - Drug discovery and development company Redx Pharma announced the nomination of RXC007 as its next drug development candidate for the treatment of fibrosis on Thursday.
The AIM-traded firm described RXC007 as a "novel and selective" rho associated coiled-coil containing protein kinase 2 (ROCK2) inhibitor, which is an enzyme that sits at a nodal point in cell signalling pathways believed to be central to fibrosis.

It said fibrosis is a "key pathogenic factor" in multiple diseases with high unmet medical need, and ROCK2 is therefore an important emerging drug target, with RXC007 to be developed as a best-in-class drug to target several fibrotic diseases.

Those would include the orphan disease idiopathic pulmonary fibrosis (IPF), which is a severe and life-threatening chronic lung condition with very poor prognosis and limited treatment options, as well as non-alcoholic steatohepatitis (NASH), an inflammatory and fibrotic disease of the liver, and diabetic nephropathy, which is a serious diabetic kidney disease.

Redx said preclinical data with compounds from its ROCK2 programme had demonstrated robust anti-fibrotic effects in a range of industry-standard in vivo models.

Specifically, RXC007 - which is orally bioavailable - reportedly met fibrosis endpoints in disease models of liver and lung fibrosis.

Additionally, RXC007's selective inhibition of ROCK2 over other enzyme isoforms should enable a safe cardiovascular profile in patients, the company claimed.

It said Dr Nicolas Guisot, research fellow at Redx, recently presented preclinical data from this programme at the third annual Anti-fibrotic Drug Development (AFDD) conference in Boston in November.

The firm said it was aiming to initiate a phase 1 study with RXC007 in the first half of 2021, while evaluating clinical development pathways in IPF and potentially in other disease areas.

It was the second development candidate that Redx had progressed in the area of fibrosis following the nomination of RXC006, which is a novel, orally available porcupine inhibitor, that it was developing as a first-in-class treatment for IPF.

"Redx is pleased to be progressing the development of this exciting drug candidate that selectively inhibits ROCK2 as a potential treatment for multiple fibrotic diseases," said chief executive officer Lisa Anson.

"This is a challenging area of chemistry and the Redx team is proud to deliver another successful drug candidate.

"We look forward to taking RXC007 into clinical trials in the first half of 2021."

At 1107 GMT, shares in Redx Pharma were down 1.21% at 8.15p.
More News
24 Feb 2016 09:44

Redx Pharma Makes Progress On Gonorrhoea Treatment And Other Drugs

Read more
20 Jan 2016 10:00

Redx Pharma Continues Pipeline Progressing In Maiden Results

Read more
13 Jan 2016 16:00

Earnings, Trading Statements Calendar - Week Ahead

Read more
4 Jan 2016 08:35

New Redx director brings scientific, commercial expertise

(ShareCast News) - Redx announced the appointment of a non-executive director on Monday, with Dr Bernhard Kirschbaum joining the firm's board immediately. The AIM-listed self-described drug discovery and development company said Dr Kirschbaum was bringing with him more than 25 years experience in ph

Read more
3 Dec 2015 07:54

Redx Pharma Identifies New Cancer Drug Development Candidate

Read more
6 Nov 2015 09:42

DIRECTOR DEALINGS: Redx Pharma Chairman, Non-Executives Buy Shares

Read more
1 Oct 2015 07:36

Redx Pharma Says It Made "Good Progress" In Second Half

Read more
3 Sep 2015 08:00

Redx Pharma And Horizon Discovery Collaborating On Cancer Research

Read more
22 Jun 2015 14:17

Redx Pharma enjoys good progress during first-half

Two months after its admission to AIM, Redx Pharma said its first-half results were in line with expectations thanks to progress on potential MRSA drugs. Losses before tax rose 60.5% to £3.26m due to a decrease in grant funding and operating expenses increased 5% to £5.48m. The drug discovery and d

Read more
22 Jun 2015 08:35

Redx Pharma Positive For Full Year, Loss Widens In Maiden Interims

Read more
2 Jun 2015 11:13

Redx Pharma cheers with progress on potential MRSA drug

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

Read more
2 Jun 2015 07:00

Redx Pharma Progresses To Pre-Clinical Stage With MRSA Treatment

Read more
26 May 2015 07:43

Redx Pharma Identifies Second Drug Development Candidate

Read more
14 May 2015 09:41

Redx Pharma To Launch New Immunology Subsidiary

Read more
14 May 2015 08:55

Redx Pharma Says Third Paper On Antimicrobial Resistance Published

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.