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Pin to quick picksSareum Share News (SAR)

Share Price Information for Sareum (SAR)

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Share Price: 25.00
Bid: 24.00
Ask: 26.00
Change: 0.75 (3.09%)
Spread: 2.00 (8.333%)
Open: 24.25
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Low: 24.25
Prev. Close: 24.25
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Sareum Selects Candidate To Develop Cancer Treatment

Wed, 26th Sep 2018 14:05

LONDON (Alliance News) - Sareum Holdings PLC said Wednesday that it has selected the SDC-1802 molecule from the TYK2 inhibitor programme for further development as potential treatment for certain types of leukaemia, lymphoma and solid tumour.

The drug discovery company said SDC-1802 has shown compelling efficacy in blocking cancer cell proliferation in cellular and disease models of T-cell acute lymphoblastic leukaemia and B-cell lymphoma.

Sareum intends to progress SDC-1802 into preclinical development and, pending satisfactory progress, into human clinical trials which could begin in 2020.

Shares in the company were trading 6.4% higher at 0.8245 pence each on Wednesday afternoon.

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