N4 Pharma PLC - Positive Covid-19 In Vitro Study Results
Released
Released
Announcement PDF
RNS Number : 9549V
N4 Pharma PLC
12 August 2020
12 August 2020
N4 Pharma plc
("N4 Pharma" or the "Company")
Positive Covid-19 In Vitro Study Results
N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company developing
Nuvec®, a novel delivery system for cancer treatments and vaccines, is
pleased to announce that Nuvec® loaded with Coronavirus plasmid has
successfully transfected Human Embryonic Kidney ("HEK") cells in vitro and
induced an expression of the spike protein in the cells.
This successful result is the second stage of the Company's three stage plan
for its Covid-19 proof of concept research project being undertaken with
Evotec International Gmbh ("Evotec") means that the project will now move
into its third stage, being the pre in vivo study to demonstrate expression of
the spike protein in target cells in a murine target.
Nigel Theobald, Chief Executive Officer of the Company, commented:
"We are delighted to have achieved in vitro transfection of HEK cells with
Nuvec® loaded with coronavirus plasmid. We now move straight to the third
stage of our Covid-19 project with our pre in vivo study at Evotec. The global
pandemic continues to dominate all of our lives and we are extremely excited
to be moving onto the next stage of our Covid-19 project, the successful
outcome of which will determine our next work streams in this area and how
we might collaborate with appropriate partners interested in any advantage
our Nuvec® delivery system may provide. We look forward to providing
updates on this project and our other work streams in due course."
Clarification note
In the Company's announcement of 16 April 2020, it stated the original
intention to use murine peripheral blood mononuclear ("PBMC") cells for the
in vitro study. However, when working with the PBMCs it was not possible to
get a sufficient number to undertake all the experiments. As a result the in
vitro work was done using HEK cells as detailed above.
The information contained within this announcement is deemed by the
Company to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014.
Enquiries:
N4 Pharma plc
Nigel Theobald, CEO
Luke Cairns, Executive Director
Via Scott PR
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Matthew Johnson/Caroline Rowe (Corporate
Finance)
Vadim Alexandre/Abigail Wayne/Rob Rees
(Corporate Broking)
Tel: +44(0)20 3470 0470
Turner Pope Investments (TPI) Limited
Joint Broker
Andy Thacker
Tel: +44(0)20 3657 0050
Scott PR
Georgia Smith
Tel: +44(0)1477 539 539
About N4 Pharma
N4 Pharma is a specialist pharmaceutical company developing a novel
delivery system for cancer and vaccine treatments using its unique silica
nanoparticle delivery system called Nuvec®.
N4 Pharma's business model is to partner with companies developing novel
antigens for cancer and vaccine treatments to use Nuvec® as the delivery
vehicle to get their antigen into cells to express the protein needed for the
required immunity. As these products progress through pre clinical and
clinical programs, N4 Pharma will seek to receive up front payments,
milestone payments and ultimately royalty payments once products reach
the market.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the
Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions
relating to the use and distribution of this information may apply. For further information, please contact
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