The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTILS.L Share News (TILS)

  • There is currently no data for TILS

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Tiziana Life Sciences Shares Double On Covid-19 Treatment News

Thu, 09th Apr 2020 09:12

(Alliance News) - Biotechnology firm Tiziana Life Sciences PLC on Thursday said it has developed an investigational new Covid-19 treatment and has filed a patent application for it.

Shares in Tiziana more than doubled on Thursday morning to 81.00 pence.

The treatment involves directly delivering its anti-interleukin-6 receptor monoclonal antibody, TZLS-501, into the lungs via a handheld inhaler nebulizer. TZLS-501 was acquired from Swiss biotechnology company Novimmune in 2017.

Covid-19 patients can develop an uncontrolled immune response known as a cytokine storm. This causes the body to produce excessive amounts of pro-inflammatory cytokines as well as other proteins like interleukin-6 which damage lung tissue and cause respiratory failure.

Interleukin-6, Tiziana explained "seems to be one of the major culprits underlying coronavirus-mediated respiratory failure" with early clinical studies in China suggesting that anti-interleukin-6 receptor monoclonal antibodies could be used in clinical practise as a Covid-19 treatment.

China's National Health Commission has already recommended using Roche Holding AG's drug Acterma and Sanofi SA's Kevzera for Covid-19 treatment.

Tiziana explained that it believes TZLS-501 "combined with this newly introduced inhalation technology" could "rapidly inhibit inflammation in lungs".

Combined with intravenous administration of an anti-interleukin-6 receptor monoclonal antibody, the hope is that this treatment may may deplete circulating interleukin-6 levels "and potentially halt progression of Covid-19-mediated lung damage and death".

Kunwar Shailubhai, chief executive & chief scientific officer at Tiziana, said: "The filing of this comprehensive provisional patent application covering treatment with our [anti-interleukin-6 receptor monoclonal antibody], as well as prophylactic intervention with a vaccine candidate, designed from spike protein of Covid-19, is an important step in finding a solution to the current pandemic. We look forward to providing updates on the development of this product candidate and its introduction into clinical trials in a real-world setting."

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
3 Aug 2020 18:22

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

Read more
3 Aug 2020 06:56

IN BRIEF: Tiziana Submits Covid-19 Patent Application For Foralumab

IN BRIEF: Tiziana Submits Covid-19 Patent Application For Foralumab

Read more
20 Jul 2020 21:33

IN BRIEF: Tiziana Bolsters Board By Adding John Brancaccio

IN BRIEF: Tiziana Bolsters Board By Adding John Brancaccio

Read more
16 Jul 2020 13:57

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

Read more
9 Jul 2020 16:16

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
1 Jul 2020 21:28

IN BRIEF: Tiziana Life Sciences Progressing On StemPrintER Demerger

IN BRIEF: Tiziana Life Sciences Progressing On StemPrintER Demerger

Read more
29 Jun 2020 20:07

IN BRIEF: Tiziana Seals Manufacturing Agreement With STC Biologics

IN BRIEF: Tiziana Seals Manufacturing Agreement With STC Biologics

Read more
19 Jun 2020 11:06

UK WINNERS & LOSERS SUMMARY: TomCo Shares Double As It Cancels Placing

UK WINNERS & LOSERS SUMMARY: TomCo Shares Double As It Cancels Placing

Read more
19 Jun 2020 10:53

Tiziana Granted US Patent For Oral Administration Of Foralumab

Tiziana Granted US Patent For Oral Administration Of Foralumab

Read more
18 Jun 2020 18:30

IN BRIEF: Tiziana Life Sciences Director Gregor MacRae To Step Down

IN BRIEF: Tiziana Life Sciences Director Gregor MacRae To Step Down

Read more
18 Jun 2020 13:50

Tiziana Annual Loss Widens On Higher Costs, Outlines Busy 2020

Tiziana Annual Loss Widens On Higher Costs, Outlines Busy 2020

Read more
12 Jun 2020 09:39

Tiziana extends ADS sales agreement with ThinkEquity

(Sharecast News) - Tiziana Life Sciences announced an extension to the current 'at the market sales agreement' with ThinkEquity, a division of Fordham Financial Management, on Friday.

Read more
29 May 2020 15:02

UK TRADING UPDATE SUMMARY: Catenae Inks Pilot Pact For Cov-ID App

UK TRADING UPDATE SUMMARY: Catenae Inks Pilot Pact For Cov-ID App

Read more
29 Apr 2020 16:04

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
27 Apr 2020 14:27

Tiziana Life Sciences Files Patent For Coronavirus Treatment

Tiziana Life Sciences Files Patent For Coronavirus Treatment

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.