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Pharma & Biotech

Synairgen assessing three clinical options for antiviral drug

"We continue to be excited about the potential of SNG001," Richard Marsden, chief executive of the drug discovery and development company said

Synairgen said it is looking at three clinical settings for its antiviral treatment SNG001.

First, as a broad-spectrum antiviral for people hospitalised with severe viral lung infections caused by a range of common seasonal viruses.

Second, in people hospitalised with COVID-19, including in high-risk sub-populations such as those with compromised respiratory function.

And as a possible future pandemic preparedness option for government agencies.

The pivot follows the Phase 3 SPRINTER trial in hospitalised COVID-19 patients.

This missed its main endpoints but showed a reduction in the relative risk (RRR) of progression from requiring low flow oxygen to more severe disease or death.

"Over the course of the pandemic we generated a significant amount of clinical and non-clinical data which supports the development of SNG001 as a broad-spectrum antiviral to treat or prevent a wide range of severe lung infections,” Richard Marsden, chief executive, said.

“We have been scrutinising the requirements, feasibility and timing of several clinical development options, including company-sponsored studies focussing on certain high-need populations, government-funded trials, as well as investigator-led studies. We continue to be excited about the potential of SNG001."

Synairgen made a loss before tax for the six months ended 30 June 2022 of £14mln (30 June 2021: £38.9mln loss) and that largely comprised R&D spending.

Cash balances at the end of the period were £18mln, with a further £9.1mln R&D credit received recently.

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