Northland Capital Partners View10 Mar 2018 08:39
A good synopsis of Thursday's RNS
https://tinyurl.com/y7ycheqa
� The Company provided investors with an update on its Nuvec� program. N4 Pharma CEO, Nigel Theobold, confirmed his Board�s intention is to undertake relevant research and pre-clinical work that will prospectively allow Nuvec� to enter human clinical studies with a partner by the end of 2020.
� A two-fold development strategy has been outlined. Firstly, the Company is proactively looking to work with partners to evaluate its Nuvec� drug delivery system with their products. Recently, for example, N4 Pharma announced a partnership with MedImmuneUK, a leading global biologics R&D company, to explore the manufacture of a prototype nanomedicine using the Nuvec� system. The Company is looking for additional partnerships in due course. A recent trip to Japan was also successful in providing useful introductions to further potential partners which will be progressed over the coming months. Secondly, the Company has embarked on an internal research programme to expand the dataset required to advance Nuvec� towards commercialisation. The Board's strategy is designed to determine precisely how Nuvec� will be used by its partners, either as a vaccine, a delivery system for therapeutics, or both.
� N4 Pharma recently commissioned a market research report from Agility Health Tech to assess the potential market position for Nuvec�. While there are currently no approved products which use nanosilica as a drug delivery vehicle, the total market size for nanotechnology drug delivery was valued at US$79b in 2012, which is expected to expand to as much as US$178b in 2019.
� In its new release, N4 Pharma also confirmed the appointment of a highly experienced scientist, Andrew Leishman, as the Head of Nuvec� Development.