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Evgen Pharma (LON:EVG)

Evgen Pharma (LON:EVG)

Share Price
17.75 p
-0.25 (-1.39 %)
Market Cap
£17.56 m
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Evgen Pharma RNS Release

Hardman Res.: Funded to the end of Phase II trials

RNS Number : 8875Y
Evgen Pharma PLC
11 December 2017

Hardman Research: Funded to the end of Phase II trials

Increased funding to the end of Phase II trials: Evgen is a virtual pharmaceutical company focused on the development of a synthetic version of a natural product, sulforaphane, which is known to modulate key signalling pathways involved in cellular protection and inflammation. Evgen's proprietary technology, Sulforadex, creates new and stable variants of sulforaphane, enabling it to be used as a therapeutic for the first time. SFX-01 is progressing in Phase II clinical trials for both subarachnoid haemorrhage and ER+ breast cancer, with readouts expected in or around the end of 2018. EVG has strengthened its balance sheet with a Placing to raise new funds of £2.3m gross.

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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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October 21 2015

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