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IN BRIEF: NetScientific Shares Restored After Drug Trial Announcement

3rd Feb 2021 19:18

NetScientific PLC - life sciences and technology investment and commercialisation company - Shares restored following announcement that portfolio company PDS Biotechnology Corp's phase 2 study has achieved its preliminary objective response. The study is of PDS0101 in advanced human papillomavirus or HPV-associated cancers that have progressed or returned following treatment.

The trial now progresses to full enrolment of around 20 patients who are checkpoint inhibitor naive and around 20% who have failed prior therapy with checkpoint inhibitors.

NetScientific Non-Executive Director Stephen Smith: "Over the last year PDS has made significant progress in developing its pipeline of cancer immunotherapies and infectious disease vaccines based on the company's proprietary Versamune T-cell activating technology platform. These preliminary results show the promise of PDS' approach in the personalised cancer care space."

Current stock price: 51.00 pence; up 8.5%

Year-to-date change: up 9.7%

By Anna Farley; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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