N4 Pharma PLC - Covid-19 Proof of Concept Update
Released
Released
Announcement PDF
RNS Number : 8226Y
N4 Pharma PLC
14 September 2020
14 September 2020
N4 Pharma plc
("N4 Pharma" or the "Company")
Covid-19 Proof of Concept Update and move to in vivo study
N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company
developing, a novel delivery system for cancer treatments and vaccines,
provides an update on its Covid-19 proof of concept work utilising Nuvec®
loaded with Coronavirus plasmid.
As announced on 12 August 2020, stage 2 of the proof of concept work was
successfully completed with the transfection of HEK (Human Embryonic
Kidney) cells of Nuvec® loaded with Coronavirus plasmid in vitro. Following
the completion of stage 3 of the proof of concept work and a review of the
results, the Company is continuing to explore the utility of Nuvec® with the
Coronavirus plasmid and will progress to an in vivo study in due course.
Whilst the single intradermal injection used in the stage 3 pre (pilot) in vivo
study did not result in a measurable expression of the spike protein in the
target cells of the murine target, neither did the positive control. Additional
exploratory studies will continue to understand the translation potency of the
Coronavirus plasmid including optimisation of Nuvec® plasmid loading. With
this in mind and taken together with previous positive data, the Company has
decided to proceed to a full in vivo study to demonstrate the capability of
Nuvec® to generate Covid-19 specific antibodies.
The Company is in the process of scoping the programme of studies
required.
Nigel Theobald, Chief Executive Officer, commented: "The initial pilot
work of stage 3 of the Covid-19 proof of concept work was narrow in its
scope and, having reviewed the results, we have taken the decision to move
to a full in vivo study to establish an immune response through the
production of antibodies. In undertaking the work we aim to demonstrate
Nuvec®'s capabilities both as a potential delivery technology for multiple
vaccines as well as for Covid-19 specifically. I look forward to providing
further updates in due course."
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
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Matthew Johnson/Caroline Rowe (Corporate
Finance)
Vadim
Alexandre/Abigail
Wayne/Rob
Rees
(Corporate Broking)
Turner Pope Investments (TPI) Limited
Joint Broker
Andy Thacker
IFC Advisory Ltd
Financial PR
Graham Herring
Zach Cohen
Via IFC Advisory
Tel:
+44(0)20
0470
3470
Tel:
+44(0)20
0050
3657
Tel:
+44(0)20
6630
3934
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.
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