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  2. Share Prices
  3. ValiRx Share Price
  4. ValiRx Share News
  5. ValiRx Raises GBP200,000 To Progress Product Development

Pin to quick picksValiRx Share News (VAL)

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Share Price Information for ValiRx (VAL)

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Share Price: 3.35
Bid: 3.30
Ask: 3.40
Change: 0.05 (1.52%)
Spread: 0.10 (3.03%)
Open: 3.30
High: 3.35
Low: 3.30
Prev. Close: 3.30
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ValiRx Raises GBP200,000 To Progress Product Development

Mon, 06th Jan 2020 09:59

(Alliance News) - ValiRx PLC on Monday said it has raised GBP200,000 through the placing of 200 million shares at 0.10 pence per share.

The company's shares were trading 6.0% lower at 0.10p each on Monday morning in London.

The biotechnology company said the placing proceeds will be used to fully analyse the Phase I/II clinical trial results of VAL201 in the treatment of prostate cancer and associated metastatic conditions. Proceeds will also be used to continue the development of ValiRx's pre-clinical VAL301 and VAL101/GeneICE programmes, and for general working capital purposes.

In December, ValiRx said that preliminary analysis of the VAL201 results indicated that the treatment had a clear impact on patients with prostate cancer and also demonstrated safety and a high degree of tolerability.

In a separate statement, the company said it has appointed ETX Capital Ltd as its joint broker, effective immediately.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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ValiRx Reveals "Clear Impact" Of VAL201 On Prostate Cancer Patients

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ValiRx granted US patent for 'VAL201' compound

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ValiRx Granted "Key" US Patent Protection For VAL201 Cancer Treatment

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ValiRx Raises GBP350,000 Through Placing To Progress Clinical Trials

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10 Sep 2019 13:45

ValiRx Prostate Cancer Drug VAL201 Still Meeting Endpoints

(Alliance News) - ValiRx PLC on Tuesday said its VAL201 lead compound is still meeting all of its published endpoints and is behaving as expected in prostate cancer.VAL201 has been as a and

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1 Aug 2019 12:01

ValiRx Granted European Patent Allowance For VAL301 Compound

(Alliance News) - Clinical stage biotechnology firm ValiRx PLC said Thursday it has been granted a patent notice of allowance for its pre-clinical therapeutic compound, VAL301, from the European a

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23 Jul 2019 16:25

Monecor Takes Nearly 6% Holding In Biotechnology Firm ValiRx

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US Grands Patent Claim For valiRx's VAL201 In Metastatic Cancer

(Alliance News) - ValiRx PLC on Wednesday said the US has allowed a patent claim for the use of VAL201 in metastatic cancer.Shares in ValiRx were down 7.1% at 0.21 pence in afternoon trade

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26 Jun 2019 10:53

ValiRx gets US patent protection for use of VAL201 peptide

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