RE: lets not forget who holds all the aces29 Nov 2021 18:12
as Chiroscience, Celsis, ReNeuron, Vectura, Biovex and Merlin Biosciences Ltd. Appointed an OBE in 1995 for services to medical bioscience, he was knighted in 2001 for services to bioscience and enterprise. Latterly he was founder of Arix Bioscience plc (LSE: ARX), of the oncology specialist Ellipses Pharma Limited, and of Excalibur Healthcare Services Ltd.
The Business:
Igraine targets innovative technologies and discoveries using an extensive network of scientific, industry, and academic contacts, including eminent scientists and key opinion leaders. Its network also enables it to pursue relationships with pharmaceutical companies which are both a potential source of innovative opportunities and potential acquirers.
The team has developed relationships over many years with leading universities and other academic and research institutions globally and maintains close working relationships with premier professional advisers and fund managers.
Igraine works with institutional and individual investment partners and has a formal co-investment agreement with Excalibur Healthcare Services Ltd.
Igraine has invested in Excalibur Medicines Ltd (“EML”), a subsidiary of Excalibur Healthcare Services Ltd. EML has secured exclusive rights to and owns the COVID-19 patents on a drug, AZD1656, which is being developed as a potential therapeutic for diabetics suffering from COVID-19.
As there are very few new therapeutics in development for COVID-19 and associated virally transmitted diseases (most research is in combining existing treatments), this has the potential to be highly attractive to big pharma and biotech buyers. Further, if the trials are successful, it is likely the drug will be effective for the general population in COVID -19 and in other respiratory diseases.
Developments Intended by the Company’s Financial Year-End:
Excalibur Medicines Limited, a subsidiary of Excalibur Healthcare Services Ltd., announced that the clinical team will report on the ARCADIA trial in September.
Excalibur Medicines Ltd (“EML”) has secured exclusive rights to and owns the patents on a drug, AZD1656, which is being developed as a potential therapeutic for people with diabetes suffering from COVID-19. The ARCADIA trial which took place across 31 sites was completed in July this year.
The research project was arranged and structured by Professor Sir Chris Evans, Chairman and CEO of Excalibur Healthcare Services, through its subsidiary, Excalibur Medicines Ltd. Sir Chris worked closely with Professor John Martin and his team at St George Street, a UK-based biomedical research charity, which secured the initial project and permission to run the trial from AstraZeneca.
The aim of the ARCADIA trial is to determine whether AZD1656 improves clinical outcomes in diabetic patients hospitalised with COVID-19. The World Health Organisation’s (WHO) 8-point Ordinal Scale for Clinical Improvement will be used as the standard methodology for measurin