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Shield Therapeutics - Investor presentations

RNS Number : 1368O
Shield Therapeutics PLC
28 May 2020
 

Shield Therapeutics plc

("Shield" or the "Group" or the "Company")

 

Investor presentations

 

London, UK, 28 May 2020: Shield Therapeutics plc (LSE: STX), a commercial stage, pharmaceutical company with a focus on addressing iron deficiency with its lead product Feraccru®/Accrufer® (ferric maltol), will be presenting at two investor presentations next month, providing an overview of the business and progress being made by the Company.

 

Shares Investor Evening - Webinar

Tim Watts, Chief Executive Officer, will present online at the Shares Spotlight webinar on Wednesday 3 June 2020. The event starts at 6.00pm and Tim will start presenting promptly at 6.05pm. The event attracts investors to companies across various sectors and welcomes existing investors along with those looking for new investment opportunities. Investors can register to attend here: https://bit.ly/36AKJhe 

 

Proactive Investors One2One Investor Forum

Tim Watts, Chief Executive Officer, will present at the Proactive Investor webinar on Thursday 4 June 2020. Shield will be one of four companies presenting, each having a presentation slot followed by Q&A, with the webinar taking place from 6.00pm. Investors can register to attend here: https://bit.ly/2TENuZq 

 

No new material information will be disclosed at either event and the presentations will be made available on the Company website shortly after the events here: https://www.shieldtherapeutics.com/investors/presentations 

 

 

 

For further information please contact:

 

Shield Therapeutics plc

www.shieldtherapeutics.com

Tim Watts, CEO

+44 (0)20 7186 8500

Karen Chandler Smith, Investor Relations


 

Nominated Adviser and Joint Broker


Peel Hunt LLP


James Steel/Dr Christopher Golden

+44 (0)20 7418 8900

 

Joint Broker

finnCap Ltd     

Geoff Nash/Matt Radley/Alice Lane                                             

 

 

+44 (0)20 7220 0500



 

Financial PR & IR Advisor

 

Walbrook PR

+44 (0)20 7933 8780 or [email protected]

Paul McManus/Lianne Cawthorne

+44 (0)7980 541 893 / +44 (0)7584 391 303

 

 

About Shield Therapeutics plc

Shield is a de-risked, commercial stage, specialty pharmaceutical company delivering innovative pharmaceuticals to address patients' unmet medical needs.  The Company's clear purpose is to develop products that help patients become people again, enabling them to enjoy the things that make a difference in their everyday lives. The Group's lead product, Feraccru®/ Accrufer® has exclusive IP rights until the mid-2030s and is approved for the treatment of iron deficiency with or without anaemia in adults in the European Union, the United States and Switzerland.  In Europe it is marketed as Feraccru® with commercialisation led by Norgine BV and in the USA the product will be marketed as Accrufer® with Shield currently in the process of selecting a commercialisation partner.  Shield also has an exclusive licence agreement with Beijing Aosaikang Pharmaceutical Co. Ltd for the development and commercialisation of Feraccru®/Accrufer® in China, Hong Kong, Macau and Taiwan.  For more information please visit www.shieldtherapeutics.com

 

About Feraccru®/Accrufer®

Feraccru®/Accrufer®  is a novel, stable, non-salt based oral therapy for adults with iron deficiency with or without anaemia that has been shown to be an efficacious and well-tolerated therapy in a range of controlled phase 3 trials, and offers a compelling alternative to IV iron for those patients unable to tolerate salt-based oral iron therapies and wish to avoid the complexities of infusion-based iron therapies.

 

When salt-based oral iron therapies are ingested they can cause a range of mild-to-severe gastrointestinal tract (GI) adverse events, including nausea, bloating and constipation through the release and subsequent reactivity of free iron in the GI tract, leading to poor tolerability, reduced patient compliance and ultimately treatment failure.  Feraccru®/Accrufer® is not an iron salt and, as a result, it does not routinely cause the same treatment-limiting intolerance issues of salt-based iron therapies, whilst the iron from the ferric maltol molecule can be readily absorbed.

 

Prior to Feraccru®/Accrufer®, IV iron therapies were the only realistic alternative treatment option for iron deficient patients with or without anaemia intolerant of or unwilling to be treated salt-based oral iron therapies.  However, use of such an invasive, costly, inconvenient and complex to administer treatment option, which is associated with potentially life-threatening and spontaneous hypersensitivity reactions, means there remains a clear unmet medical need for these patients to have access to an effective therapy that is well tolerated, convenient and does not require hospital-based administration.  Feraccru®/Accrufer® meets those requirements.

 

About Iron Deficiency

The WHO states that iron deficiency is the most common and widespread nutritional disorder in the world.  As well as affecting a large number of women and children in non-industrialized countries, it is the only nutrient deficiency which is also significantly prevalent in virtually all industrialised nations.  There are no current global figures for iron deficiency but, using anaemia as an indirect indicator, it can be estimated that most preschool children and pregnant women in non-industrialised countries, together with at least 30-40% in industrialized countries, are iron deficient.


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 [email protected] or visit www.rns.com.
 
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Price: 89.0301

Market: LSE
Market Cap: £104.33 m
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