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Commercial discussions for ValiRx's lead cancer drug progressing 'rapidly'

George Morris, chief operations officer of ValiRx Plc (LON:VAL), tells Proactive's Andrew Scott commercial discussions to take their lead drug VAL 401 into a Phase III trial are progressing rapidly.

He says by nature they're detailed and complex but he hopes they'll be completed shortly and he's looking to undertake the trial early next year.

''[There's] significant interest in all the relevant areas most definitely'', Morris adds.

He also updates on developments within the rest of the portfolio including VAL 201 which is still in a phase I/II trial  for patients affected by hormone- sensitive and hormone-resistant prostate cancer.

Quick facts: ValiRx PLC

Price: 0.125 GBX

AIM:VAL
Market: AIM
Market Cap: £1.67 m
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