RE: RE: Grant size27 Oct 2020 12:34
Sareum Announces Grant Funding Conditionally Approved by the UK Government (UKRI) to Explore Potential of SDC-1801, a Selective TYK2/JAK1 Inhibitor, to Treat Covid-19
Cambridge, UK, 27 October 2020 - Sareum Holdings plc (AIM: SAR), the specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune diseases, is pleased to announce that its application for approximately £174,000 grant award (the "Grant") by UK Research & Innovation ("UKRI") to investigate the therapeutic potential of SDC-1801, its selective, small molecule TYK2/JAK1 kinase inhibitor, in severe phase Covid-19, has been conditionally approved.