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IN BRIEF: Evgen Pharma's SFX-01 effective on tumour cells

Mon, 20th Sep 2021 14:50

Evgen Pharma PLC - Liverpool-based sulforaphane based medical drug developer - Says its "lead asset" SFX-01 is proven effective in glioblastoma cells and 3D spheroids following research from University of Auckland in New Zealand, which was investigating its use on tumours.

Earlier this month, US Food & Drug Administrator grants orphan drug designation for SFX-01 to treat blood cancer, malignant glioma. Orphan designation affords glioblastoma cells programme additional data protection and incentives.

"We noted the effects observed by the Auckland group in a previous communication and the data are now available for inspection via the journal," says Chief Executive Huw Jones. "They serve to confirm the potential efficacy of SFX-01 in cells that are arguably more disease relevant than those more commonly used.''

Current stock price: 6.10 pence

Year-to-date change: down 40%

By Josie O'Brien; josieobrien@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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