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Share Price Information for Scancell Holdings (SCLP)

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Share Price: 10.25
Bid: 9.50
Ask: 11.00
Change: 0.00 (0.00%)
Spread: 1.50 (15.789%)
Open: 10.25
High: 10.40
Low: 10.00
Prev. Close: 10.25
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Scancell gets positive result from needle-free Covid vaccines trial

Mon, 13th Feb 2023 11:38

(Alliance News) - Scancell Holdings PLC on Monday reported a positive response in its 'Covidity' trial, which aims to deliver needle-free injectable Covid vaccines.

The Nottingham, England-based cancer immunotherapies developer said its Covid vaccine candidates induced neutralising antibodies in previously infected patients, previously vaccinated patients and 'naïve' patients — those never confirmed to have had Covid and who are not vaccinated.

The needle-free injection is via a PharmaJet device, which delivers a vaccine or a medicine via a narrow fluid stream. PharmaJet is a Colorado, US-based medical technology company.

Scancell added that the trial validates that "AvidiMab-modified immunotherapies boost immune responses and PharmaJet's needle-free injection device is effective in delivering immunobody-generated drug candidates."

Chief Executive Officer Lindy Durrant said: "The success of a human trial demonstrating that an AvidiMab modified DNA vaccine, delivered via a needle free injection, can induce both T cell and antibody responses, with no safety concerns, is a pivotal proof point for Scancell's clinical strategy.

The company added that it will now seek a partner to progress the Covidity vaccine programme.

Scancell shares were 5.0% higher at 19.17 pence each in London on Monday morning.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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