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Pin to quick picksTheracryf PLC Regulatory News (TCF)

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Market Cap: £5.16m
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AGM Statement

9 Jul 2025 07:00

RNS Number : 2606Q
Theracryf PLC
09 July 2025
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TheraCryf plc

("TheraCryf", the "Company" or the "Group")

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AGM Statement

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Alderley Park, 9 July 2025Β - TheraCryf plc (AIM: TCF), the clinical stage drug development company focussing on brain disorders, will be holding its Annual General Meeting at 2:30pm BST today at The Royal Society of Medicine, 1 Wimpole St, London, W1G 0AE.

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At the AGM, TheraCryf's Chair, Dr Alastair Smith; CEO, Dr Huw Jones; CFO, Toni Haenninen and CBO, Dr Helen Kuhlman will give the following operational update to shareholders:

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Ox-1

Lead asset Ox-1, TheraCryf's orexin 1 antagonist in addictive behaviours, continues to make good progress following the fundraising in March of this year to fund the programme to clinical readiness. Having appointed leading contract research and manufacturing organisation, Pharmaron UK, as partner, their team are currently working on optimising the synthesis of Ox-1 in order to scale up to produce the kilogram quantities required for regulatory standard toxicology work and later, clinical studies.

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The Ox-1 molecule has been shown to be highly stable at room temperature. An archive sample produced by Chronos Therapeutics Ltd in 2020, tested at Pharmaron, was found to have greater than 99% purity. This potential for long-term stability, which will be confirmed with additional stability testing of the newly produced material, will be an important factor in achieving optimal commercial potential. The chemistry and biology work are progressing well with testing underway to understand further characteristics of Ox-1's synthesis and activity.

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Additional in vitro testing indicates that Ox-1 is well handled in cells from a new, fourth species, which will be essential to confirm its toxicology profile, a key enabling study before eventual permission to administer the agent to man.

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SFX-01

The company's legacy SFX-01 programme also continues to progress with the grant-funded Glioblastoma (GBM) project at the Erasmus Medical Centre in the Netherlands confirming that drug from SFX-01 crosses the blood-brain barrier in in vivo experiments, essential for GBM brain tumour treatment.

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An academic collaboration in the USA on colorectal cancer has also reported data showing that Nrf2, a known molecular target, is up-regulated by SFX-01 only in diseased colon cancer models and not where the disease is absent.

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Further, collaborating teams from Queen Mary University of London, Barts Hospital, Imperial College London, UCL, University of Oxford and University of Leicester have had a scientific paper on the effects of SFX-01 on another molecular target, SHP-2, accepted by a peer-reviewed journal which will be published imminently.

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Dr Huw Jones, CEO of TheraCryf commented:

"We are pleased with how our Ox-1 programme is developing on-time and to-plan as we complete the final steps for readiness for human trials. Our commercial and academic collaborations are continuing to generate insightful data. We would like to thank our shareholders for their continued support as we unlock value from our assets."

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-Ends-

Enquiries

TheraCryf plc

Dr Huw Jones, CEO

Toni HΓ€nninen, CFO

Dr Helen Kuhlman, CBO

+44 (0)1625 315 090

enquiries@theracryf.com

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Singer Capital Markets (NOMAD & Joint Broker) Phil Davies / Oliver Platts / Patrick Weaver

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+44 (0)20 7496 3000

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Turner Pope Investments (Joint Broker)

James Pope / Andy ThackerΒ 

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+44 (0)20 3657 0050

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Vigo Consulting

Rozi Morris

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+44 (0)20 7390 0230

theracryf@vigoconsulting.com

About TheraCryf plc

TheraCryf is the clinical stage drug development company focussing on brain disorders. The Company has a broad clinical and preclinical pipeline in indications including addiction, anxiety, fatigue, narcolepsy, glioblastoma* and neurodevelopmental disorders [*orphan indication].

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The Company's strategy is to generate compelling data sets to preclinical and/or clinical proof of concept and partner its clinical programmes with mid-size to large pharma for larger trials and commercialisation. It also has a number of industry partnerships with companies, including Stalicla SA, in neurodevelopmental disorders. The Company has sourced know-how for programmes from companies such as Shire (now Takeda).

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TheraCryf has worked with and has ongoing collaborations with major universities and hospitals such as the University ofΒ Manchester, La Sapienza (UniversitΓ  diΒ Roma), the Erasmus Medical Centre,Β Rotterdam, Kings College London and the University ofΒ Michigan.

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The Company has its headquarters and registered office at Alderley Park,β€―Cheshire.β€―It is quoted on AIM inΒ LondonΒ and trades under the ticker symbol TCF.β€―

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END
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Date   Source Headline
26th May 20262:40 pmRNSHolding(s) in Company
15th May 202612:43 pmRNSHolding(s) in Company
15th May 20267:00 amRNSHolding(s) in Company
14th May 20267:00 amRNSPositive Ox-1 tox data in addiction programme
21st Apr 20267:00 amRNS-RInvestor Webinar
20th Apr 20267:00 amRNSSuccessful GMP Manufacture Advances Ox-1 to Clinic
16th Apr 20267:00 amRNSNew Manufacturing Process Patent for Ox-1
14th Apr 20267:00 amRNSNon-Binding Proposal to Acquire TheraCryf’s Assets
23rd Mar 20267:00 amRNSOx-1 Programme Advances to Final Toxicology Study
26th Jan 20267:00 amRNSOx-1 Addiction Programme Update
5th Jan 20267:00 amRNSKey Ox-1 milestone & notice of investor webinar
18th Dec 20257:00 amRNS-RPotential of Preclinical Program in Mental Fatigue
3rd Dec 20257:00 amRNSHalf-year Financial Report
26th Nov 20257:00 amRNS-RMarking Addiction Awareness Week
24th Nov 20257:00 amRNSNotice of Results
3rd Nov 20257:00 amRNSOx-1 Programme Achieves Manufacturing Milestone
16th Oct 20254:45 pmRNSHolding(s) in Company
16th Oct 20254:45 pmRNSDirector/PDMR Shareholding
10th Oct 20257:00 amRNS-RWorld Mental Health Day & Q4 Conference Schedule
26th Sep 20253:45 pmRNSHolding(s) in Company
8th Sep 202511:38 amRNSHolding(s) in Company
4th Sep 20257:00 amRNSOx-1 Patent Grant & Development Programme Update
4th Aug 20253:27 pmRNSHolding(s) in Company
17th Jul 20257:00 amRNSManufacturing Scale Up of Lead Ox-1 Programme
9th Jul 20253:07 pmRNSResult of AGM
9th Jul 20257:00 amRNSAGM Statement
16th Jun 20254:10 pmRNSNotice of AGM
13th Jun 20257:00 amRNSChange of Adviser
10th Jun 202512:32 pmRNS-ROx-1 Investor Presentation
3rd Jun 20257:00 amRNSFinal results for year to 31 March 2025
23rd May 20257:14 amRNSNotice of Results and Ox-1 presentation
22nd May 202512:43 pmRNSHolding(s) in Company
22nd May 202512:22 pmRNSDirector/PDMR Shareholding
16th May 20251:00 pmRNSHolding(s) in Company
12th May 20257:00 amRNSMaster Service Agreement signed for Ox-1 programme
1st May 20257:00 amRNSBoard Appointment, Grant of Options, PDMR Dealing
26th Mar 20257:00 amRNS-RInvestor webinar
21st Mar 20253:55 pmRNSHolding(s) in Company
20th Mar 20253:33 pmRNSHolding(s) in Company
20th Mar 202511:01 amRNSHolding(s) in Company
19th Mar 202512:10 pmRNSHolding(s) in Company
17th Mar 20252:17 pmRNSHolding(s) in Company
17th Mar 20257:00 amRNSHolding(s) in Company
17th Mar 20257:00 amRNSHolding(s) in Company
17th Mar 20257:00 amRNSHolding(s) in Company
13th Mar 20257:00 amRNSHolding(s) in Company
12th Mar 20252:03 pmRNSHolding(s) in Company
12th Mar 20251:59 pmRNSHolding(s) in Company
11th Mar 202510:17 amRNSHolding(s) in Company
7th Mar 202512:04 pmRNSResult of General Meeting
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