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Clinical Phase Development Update

19 Nov 2015 10:45

RNS Number : 2870G
ValiRx PLC
19 November 2015
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ValiRx Plc (AIM: VAL)

("ValiRx" or "the Company")

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Clinical Phase Development Update re VAL201 and VAL401

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London, UK., 19 November 2015 - ValiRx Plc (AIM: VAL), a life science company with a focus on cancer therapeutics and diagnostics for personalised medicine, today announces that its leadΒ compound, VAL201, is completing the dose escalation part of its Phase l/ll Clinical Trial.

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VAL201 demonstrates safety and tolerability and no significant adverse effects have been recorded, confirming the previously announced First-In-Human results. Other measurements taken so far are comparable to the positive results seen pre-clinically.

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For the expansion phase, further Clinical Trial Centres, in addition to UCLH, are being opened in order to extend the availability of test patients. This phase will continue during 2016 as described in the approved protocol. During the latter part of the trial, the primary and secondary outcomes will be further refined and results relating to the applicability and efficacy of the treatment will be expanded.

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Public details of the trial can be found on the website www.Clinicaltrials.gov.Β 

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VAL401

Following on from the earlier announcement of the establishment of a Clinical Trial Contract with Clinical Accelerator, the protocols and associated files have been drafted for submission to the appropriate regulatory authorities and ethics committees.

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The trial is to be entitled: "A Phase II study to assess the efficacy, safety and tolerability of VAL401 in the treatment of patients with locally advanced or metastatic Non-Small Cell Lung Cancer (NSCLC) after failure of at least one prior chemotherapeutic regimen".

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The preparatory clinical process is proceeding according to timetable and it is anticipated that the trial will begin recruitment during the earlier part of 2016.

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***ENDS***

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For more information, please contact:

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ValiRx plc

Tel: +44 (0) 20 3008 4416

Dr Satu Vainikka

www.valirx.com

Cairn Financial Advisers LLP (Nominated Adviser)

Tel: +44 (0) 20 7148 7900

Liam Murray / Avi Robinson

Northland Capital Partners Limited (Broker)

Tel: +44 (0) 20 7382 1100

Patrick Claridge / David Hignell (Corporate Finance)

John Howes / Abigail Wayne (Broking)

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Peckwater PR

Tel: +44 (0) 7879 458 364

Tarquin Edwards

tarquin.edwards@peckwaterpr.co.uk

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Notes for Editors

ValiRx Plc

ValiRx Plc is a biopharmaceutical company developing novel technologies and products in oncology therapeutics and diagnostics. The product focus is in the epigenomic analysis and treatment of cancer, but the technologies can be applied to other fields as well, such as neurology and inflammatory diseases.

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The Company has undertaken toΒ develop a novel and groundbreaking class of therapeutics across a number ofΒ fields in oncology and has taken its lead compound, Val201, into Phase I/IIΒ clinicalΒ trials. The Company listed onΒ the Alternative Investment Market ("AIM") of the London StockΒ Exchange in October 2006.

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The Company has a pipeline ofΒ other therapeutic drugs, which are currently progressing towards clinicalΒ trials. The product focus is in the targeted analysis and treatment of cancer,Β but theΒ technologies can be applied to other fields as well, such as neurologyΒ and inflammatory diseases.

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It actively manages projectsΒ within its portfolio as a trading company. The ValiRx business model spreads the risks of life science technologyΒ development by minimising financial exposure andΒ running a set of projects toΒ defined commercial endpoints. This maximises returns to shareholders by adding value at the earlier stages where value increases per investment unit are theΒ greatest.

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The Company operates through theΒ following divisional companies:

1. ValiPharma is the therapeuticsΒ division, with two embedded technologies primarily directed at the treatment ofΒ cancers.

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2. ValiFinn is the biomarkers andΒ diagnostic development division. ValiRx acquired through its ValiFinn subsidiary, the complimentary TRAC technologyΒ later in the year to strengthen the portfolio.

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3. ValiSeek is a joint ventureΒ between ValiRx and Tangent Ltd to develop Val401 in lung cancer and potentiallyΒ other indications.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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RESFFUFSUFISEDF
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30th Dec 20241:30 pmRNSResult of GM, Issue of Equity, Warrants and TVR
20th Dec 20247:00 amRNS-RValiRx launches new interactive investor website
10th Dec 20244:45 pmRNSBroker Offer Results & Director/PDMR Subscription
10th Dec 20243:03 pmRNSPosting of Circular and Notice of General Meeting
9th Dec 20247:00 amRNSConditional Fundraising & Launch of Broker Offer
22nd Nov 20247:00 amRNSInaphaea award of HEIF Funding and PhD sponsorship
20th Nov 20247:00 amRNSUpdate on proposed sub-license of VAL401
19th Nov 20247:00 amRNSContract Award
18th Nov 20247:00 amRNSFirst Sale of New Product Line
30th Oct 20247:00 amRNSUpdate on proposed sub-license of VAL201
18th Oct 20247:00 amRNSDirectorate Change
14th Oct 20247:00 amRNSInvestor Webinar
7th Oct 20247:00 amRNSInaphaea Co-Marketing Agreement
27th Sep 20247:00 amRNSHalf-year Report
26th Sep 20247:00 amRNSConclusion of Evaluation Project
24th Sep 20247:00 amRNSInaphaea Co-Marketing Agreement
18th Sep 20247:00 amRNSInaphaea Evaluation and Commercial Use Agreement
16th Sep 20247:00 amRNSInaphaea Co-Marketing Agreement
9th Sep 20247:00 amRNSInaphaea Evaluation and Commercial Use Agreement
9th Sep 20247:00 amRNSInvestor Evening
27th Aug 20247:00 amRNSInaphaea Evaluation and Commercial Use Agreement
12th Aug 20247:00 amRNSDirectorate Change
25th Jul 20247:00 amRNSDirectorate Changes
3rd Jul 20248:51 amRNSProposed Director Appointment
20th Jun 20245:56 pmRNSResult of AGM
19th Jun 202411:33 amRNSDirectorate Change
17th Jun 20247:00 amRNSInaphaea Contract Award
28th May 20247:00 amRNSInvestor Webinar
20th May 202412:00 pmRNSBusiness Update
16th May 20247:00 amRNSFurther re Final Results
15th May 20247:00 amRNSFinal Results and Notice of AGM
22nd Apr 20247:00 amRNSDirectorate Changes
21st Mar 20247:00 amRNSEvaluation Agreement with Imperial College London
19th Mar 20247:00 amRNSBoard Re-structuring and update on requisition
4th Mar 20245:47 pmRNSShareholder Requisition Notice
4th Mar 20247:00 amRNSProposed Appointment of Non-Executive Director
29th Feb 20242:00 pmRNSProposed Appointment of Non-Executive Director
13th Feb 20242:20 pmRNSFurther re Shareholder Requisition Notice
9th Feb 20245:06 pmRNSShareholder Requisition Notice
19th Jan 20247:00 amRNSChange of Broker
18th Jan 20247:00 amRNSDirectorate Change

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