viewRedx Pharma PLC

Redx Pharma chief "encouraged" by latest data on fibrosis drug candidate

Redx Pharma Plc’s (LON:REDX) chief executive Lisa Anson tells Proactive London how “encouraged” she and the company is about the latest pre-clinical data from a fibrosis drug set to enter human trials next year.News here too on what this means for the company and indeed fibrosis sufferers themselves.The lab tests showed the Redx drug was able to suppress collagen deposition and pathways associated with fibrosis, meaning it could have an impact on established forms of the disease.
Its profile suggests the putative treatment is suitable to be taken by mouth, rather than injected directly into the blood system.
Three independent studies assessed the potential efficacy of the company’s lead ROCK2 compound in animal models of lung, kidney and liver fibrosis.

Quick facts: Redx Pharma PLC

Price: 25 GBX

Market: AIM
Market Cap: £48.81 m

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Redx Pharma 'on a firm footing and able to drive its business plan'...

Redx Pharma PLC's (LON:REDX) Lisa Anson caught up with Proactive London's Andrew Scott after announcing they've raised US$30mln via the issue of convertible loan notes. Funds Redmile Group and Sofinnova Partners are putting up US$19mln and US$10mln respectively. The cash will be used to...

on 30/6/20

2 min read