Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVenture Life Regulatory News (VLG)

Share Price Information for Venture Life (VLG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 40.50
Bid: 40.00
Ask: 41.00
Change: 0.50 (1.25%)
Spread: 1.00 (2.50%)
Open: 40.00
High: 40.50
Low: 40.00
Prev. Close: 40.00
VLG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Key oral care brand - clinical trial on COVID-19

24 Aug 2020 07:00

RNS Number : 8936W
Venture Life Group PLC
24 August 2020
 

24 August 2020

 

 

VENTURE LIFE GROUP PLC

("Venture Life" "VLG" or the "Group")

Venture Life's leading oral care brands participation in UK clinical trial on COVID-19 patients

Venture Life (AIM: VLG), a leader in developing, manufacturing and commercialising products for the self-care market, announced on 15 May 2020 that it supported further research into the idea that using mouthwash could reduce the transmission of enveloped viruses such as COVID-19. Today the Company announces its involvement in a UK-led clinical trial on COVID-19 patients, in partnership with Cardiff University. This independent multi-centre clinical study, which is being led by Professor David Thomas at Cardiff University, will investigate the possibility that using over-the-counter mouthwashes could help to reduce the viral load and therefore the transmission of COVID-19 in the mouth. Venture Life is delighted to confirm that its leading mouthwash, Dentyl, will be involved in this UK clinical trial.

 

A literature review of previous research led by Professor Valerie O'Donnell at Cardiff University and expert input from a group of virologists, microbiocide experts, lipid specialists and healthcare experts from the universities of Cardiff, Nottingham, Ottawa and Barcelona, published in May 2020, suggested the possibility that certain mouthwashes could be used to help reduce transmission of enveloped viruses such as SARS-CoV2, but that more research was needed to test this idea. The review concluded that Cethylpyridinium Chloride (CPC) may be effective in this respect. Venture Life's Dentyl mouthwash, which is currently sold in the UK and eleven other countries, contains CPC as its main active ingredient.

 

Venture Life is delighted to be partnering with Cardiff University and its affiliates, in order to help facilitate this valuable research. The clinical study entitled 'The measurement of mouthwash anti-viral activity against COVID-19' (MOMA) will be commencing in August and is expected to last for 12 weeks. This is a multi-centre study and will recruit patients currently in hospital with COVID-19, commencing at Cardiff hospital.

 

Professor David Thomas from Cardiff University commented: "We are very keen to start this much needed clinical trial as our review of the literature indicated that we need to look deeper into the possible positive impact that mouthwashes may play on the transmission of COVID-19. We believe this is an exciting opportunity to determine whether a compound that can inactivate an enveloped virus in a test tube may work in humans, actively shedding the virus in the mouth and throat'.

 

Jerry Randall, CEO of Venture Life, commented: "We are the only mouthwash manufacturer to be involved in the Cardiff University clinical study on COVID-19 patients; we are delighted to support this independent study to further explore the initial findings that CPC may reduce the viral load and therefore the possible transmission of COVID-19. Our Dentyl mouthwash, which uses CPC as its main antibacterial agent, has been developed by dentists and is recommended by dentists to reduce plaque in the mouth, and is very effective at this. We are excited at the prospect that this long standing, well known mouthwash product could help in the fight against COVID-19."

 

 

Link to initial research paper:

https://academic.oup.com/function/article/1/1/zqaa002/5836301

 

 

 

For further information, please contact:

 

Venture Life Group PLC +44 (0) 1344 578004

 

Jerry Randall, Chief Executive Officer

Andrew Waters, Chief Financial Officer

 

Cenkos Securities plc (Nomad and Joint Broker) +44 (0) 20 7397 8900

 

Stephen Keys / Mark Connelly / Cameron MacRichie (Corporate Finance)

Russell Kerr / Michael Johnson (Sales)

 

N+1 Singer (Joint Broker)

 

Shaun Dobson / Carlo Spingardi +44 (0) 20 7496 3000

 

 

About Venture Life (www.venture-life.com)

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the global self-care market. With operations in the UK, The Netherlands and Italy, the Group's product portfolio includes some key products such as the UltraDEX and Dentyl oral care product ranges, food supplements for maintaining brain function, medical devices for women's intimate healthcare, fungal infections and proctology, and dermo-cosmetics for addressing the signs of ageing.

 

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies and grocery multiples. In the UK and The Netherlands these are supplied direct by the company to retailers, elsewhere they are supplied by the Group's international distribution partners. 

 

Through its Development & Manufacturing business in Italy, Biokosmes, the Group also provides development and manufacturing services to companies in the medical devices and cosmetic sectors.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDDBGDICDDDGGX
Date   Source Headline
10th May 202211:31 amRNSExercise of Share Options & Voting Rights
19th Apr 20227:00 amRNSReporting Update
23rd Mar 20223:00 pmRNSAnnouncement re: Full year results
22nd Feb 20227:00 amRNSGrant of Options and PDMR Dealing
21st Feb 20227:00 amRNSResults - clinical trial led by Cardiff University
31st Jan 20224:41 pmRNSSecond Price Monitoring Extn
31st Jan 20224:37 pmRNSPrice Monitoring Extension
31st Jan 20222:06 pmRNSSecond Price Monitoring Extn
31st Jan 20222:01 pmRNSPrice Monitoring Extension
31st Jan 20227:00 amRNSTrading Statement
24th Jan 20222:06 pmRNSSecond Price Monitoring Extn
24th Jan 20222:00 pmRNSPrice Monitoring Extension
10th Jan 20227:00 amRNSBusiness Update
29th Dec 202112:34 pmRNSDirector/PDMR Shareholding
20th Dec 20214:13 pmRNSDirectorate Change
14th Dec 202111:05 amRNSSecond Price Monitoring Extn
14th Dec 202111:01 amRNSPrice Monitoring Extension
3rd Dec 20214:22 pmRNSDirector/PDMR Shareholding
1st Dec 20219:06 amRNSSecond Price Monitoring Extn
1st Dec 20219:00 amRNSPrice Monitoring Extension
1st Dec 20217:00 amRNSTrading Update & Board Changes
1st Nov 20212:00 pmRNSPrice Monitoring Extension
1st Nov 20218:44 amRNSHolding(s) in Company
1st Nov 20218:43 amRNSHolding(s) in Company
25th Oct 20217:00 amRNSHolding(s) in Company
11th Oct 20212:41 pmRNSHolding(s) in Company
23rd Sep 20219:05 amRNSSecond Price Monitoring Extn
23rd Sep 20219:00 amRNSPrice Monitoring Extension
23rd Sep 20217:00 amRNSHalf-year Report
7th Sep 20211:54 pmRNSHolding(s) in Company
13th Aug 20219:05 amRNSSecond Price Monitoring Extn
13th Aug 20219:00 amRNSPrice Monitoring Extension
13th Aug 20217:00 amRNSTrading Update and Progress on recent Acquisitions
6th Aug 20217:00 amRNSAcquisition of Oncology Support Product Assets
21st Jun 20217:00 amRNSRevolving Credit Facility
7th Jun 20217:00 amRNSAcquisition of BBI Healthcare Limited
20th May 20212:29 pmRNSResult of AGM
14th Apr 20214:19 pmRNSHolding(s) in Company
25th Mar 20212:19 pmRNSConfirmation of AGM Date
25th Mar 20217:00 amRNSFinal Results
25th Feb 20217:00 amRNSInvestor Presentation
1st Feb 20217:00 amRNSTrading Update & Notice of Results
14th Dec 20202:07 pmRNSIssue of Equity
11th Dec 20207:27 amRNSHolding(s) in Company
10th Dec 20204:45 pmRNSHolding(s) in Company
10th Dec 20204:41 pmRNSHolding(s) in Company
10th Dec 20202:42 pmRNSHolding(s) in Company
10th Dec 20201:45 pmRNSHolding(s) in Company
9th Dec 20202:28 pmRNSDirector/PDMR Shareholding
8th Dec 202012:00 pmRNSResult of General Meeting and Open Offer

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.