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IN BRIEF: Tiziana plans phase II trials for nasal Covid-19 treatment

Tue, 30th Mar 2021 20:34

Tiziana Life Sciences PLC- London-based therapeutics for oncology, inflammation and infectious diseases - Says it plans phase II trials of nasal antibody treatment Foralumab for Covid-19 patients. Says Foralumab could be effective in treating new coronavirus variants from the UK, Brazil and South Africa.

Chief Medical Officer Neil Graham comments: "We are excited about this next important step in our goal to validate our drug candidate and our novel delivery system as a promising and innovative approach to immunomodulatory therapy for Covid-19 and other mutant variants. By focusing on moderating the inflammatory consequences of the SARS CoV2 virus, we hope to have a therapy that has efficacy irrespective of local viral variants."

Current stock price: 106.20 pence

Year-to-date change: up 14%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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