Shield Therapeutics PLC: Hitting its clinical targets
Shield Therapeutics (LON:STX) has reported further data from its non-inferiority AEGIS H2H study of oral ferric maltol (branded as Feraccru in Europe and Accrufer in US) versus intravenous ferric carboxymaltose (IV FCM), which is the standard second-line treatment for iron deficiency anaemia (IDA). The data from the multi-national Phase 3b randomised trial in inflammatory bowel disease (IBD) patients with IDA, supported the headline data reported in March, providing additional material to support commercialisation and reimbursement efforts in a global iron replacement market worth circa US$3bn.
The data, which were presented at the 27th United European Gastroenterology Week (UEG) by Dr Stefanie Howaldt, principal investigator of the AEGIS trial, included additional detail on the longer-term data out to 52 weeks and confirmed not only that the primary endpoints were met, but that Feraccru prevented the recurrence of IDA, providing a real oral alternative to IV iron. These outcomes provide strong support for the positioning of STX’s oral treatment for current and potential partners including in a broad preventative setting.
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Market Cap: £191.02 m
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