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Shield Therapeutics CEO hails positive head-to-head Feraccru study results

Carl Sterritt, chief executive of Shield Therapeutics PLC (LON:STX), tells Proactive London's Andrew Scott that Feraccru, its iron deficiency drug, has proved itself to be just as good as the current standard of care treatment in a late-stage trial.

The year-long phase IIIb study confirmed Feraccru’s “non-inferiority” to Ferinject when it came to boosting patients’ haemoglobin (Hb) levels.

As part of its commercialisation agreement with Norgine BV, Shield will now receive a €2.5mln milestone payment.

Quick facts: Shield Therapeutics PLC

Price: 82.5 GBX

LSE:STX
Market: LSE
Market Cap: £96.68 m
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Shield Therapeutics extends cash runway into 2021 after significant China deal

Proactive Research analyst Emma Ulker discusses Shield Therapeutics PLC's (LON:STX) 2019 business update and subsequent licence agreement for Feraccru/Accrufer with the integrated specialty pharma company Beijing Aosaikang Pharmaceutical Co Ltd (ASK Pharm) which covers China, Hong Kong, Macau...

on 4/2/20

2 min read