REG - Roquefort Theraptcs. - Confirmation of No Exposure to Silicon Valley Bank

Roquefort TherapeuticsAnnouncement

13/03/2023 07:30

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RNS Number : 7224S  Roquefort Therapeutics PLC  13 March 2023

13 March 2023

 

Roquefort Therapeutics plc

("Roquefort Therapeutics" or the "Company")

 

Confirmation of No Exposure to Silicon Valley Bank

 

Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF), the Main Market listed biotech
company focused on developing first in class medicines in the high value and
high growth oncology market notes the evolving situation in relation to
Silicon Valley Bank (together with its UK subsidiary, collectively "SVB").

 

Roquefort Therapeutics confirms that it does not have any exposure to SVB,
either in relation to cash deposits, investments or debt facilities.

 

-Ends-

 

Enquiries:
 Roquefort Therapeutics plc
 Stephen West (Chairman) / Ajan Reginald (CEO)  +44 (0)20 3918 8633

 Hybridan LLP (Joint Broker)

 Claire Louise Noyce                            +44 (0)203 764 2341

 Optiva Securities Limited (Joint Broker)
 Christian Dennis                               +44 (0)20 3411 1881

 Buchanan (Public Relations)

 Ben Romney / Jamie Hooper / George Beale       +44 (0)20 7466 5000

 

LEI: ‎254900P4SISIWOR9RH34

 

About Roquefort Therapeutics

Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF) is a Main Market listed biotech
company developing first in class drugs in the high value and high growth
oncology segment prior to partnering or selling to big pharma.

 

Since listing in March 2021, Roquefort Therapeutics has successfully acquired
Lyramid Pty Limited, a leader in the development of medicines for a new
therapeutic target, Midkine (a human growth factor associated with cancer
progression), and most recently acquired Oncogeni Ltd, founded by Nobel
Laureate Professor Sir Martin Evans, which has developed two families of
innovative cell and RNA oncology medicines.

 

Roquefort Therapeutics' portfolio consists of five fully funded, novel
patent-protected pre-clinical anti-cancer medicines.  The highly
complementary profile of five best-in-class medicines consists of:

·    Midkine antibodies with significant in vivo efficacy and toxicology
studies;

·    Midkine RNA therapeutics with novel anti-cancer gene editing action;

·    Midkine mRNA therapeutics with novel anti-cancer approach

·    STAT-6 siRNA therapeutics targeting solid tumours with significant in
vivo efficacy; and

·    MK cell therapy with direct and NK-mediated anti-cancer action.

 

For further information on Roquefort Therapeutics, please visit
www.roquefortplc.com (http://www.roquefortplc.com) and @RoquefortTherap on
Twitter.

 

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