Picture of Theracryf logo

TCF — Theracryf News Story

0.000.00%
gb flag iconLast trade - 00:00
HealthcareHighly SpeculativeMicro CapSucker Stock

SFX-01 positive update in bowel cancer models

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240227:nRSa5105Ea&default-theme=true

RNS Number : 5105E  Evgen Pharma PLC  27 February 2024

 

Evgen Pharma plc

("Evgen" or "the Company" or "the Group")

 

Positive update on SFX-01 on studies in bowel cancer models

 

Further evidence of SFX-01 activity in models of a major cancer

 

Alderley Park, UK - 27 February 2024: Evgen Pharma plc (AIM: EVG), the
clinical stage drug development company developing sulforaphane-based
medicines for the treatment of multiple diseases, announces that the
laboratories of Professor Grace Chen, Associate Professor Justin Colacino, and
Professor Duxin Sun at the University of Michigan, USA have observed activity
of SFX-01 in models of colon cancer.

 

The in vitro and in vivo studies, funded by the USA National Cancer Institute
and the University of Michigan will be generating data continuously throughout
the project.

 

According to one of the lead investigators, Professor Chen of the Division of
Hematology and Oncology, Department of Internal Medicine at the University of
Michigan Medical School:

 "We have shown preliminary signs of anti-tumour activity of SFX-01 in
organoids derived from human tumours."

 

Dr Huw Jones, CEO of Evgen Pharma said:

"These early data from our collaborators in the USA show encouraging evidence
of activity of SFX-01 in another significant cancer. Colorectal or bowel
cancer is the third most common cancer worldwide accounting for around one in
ten of all cancer diagnoses and a cause of significant morbidity and
mortality. We look forward to continuing to work with Prof Chen and colleagues
to learn more about SFX-01 in this setting."

 

-Ends-

 

Enquiries

 Evgen Pharma plc                                +44 207 457 2020

Dr Huw Jones, CEO                              enquiries@evgen.com

Toni Hänninen, CFO

 Dr Helen Kuhlman, CBO
 Cavendish Capital Markets (NOMAD and Broker)    +44 20 7220 0500
 Geoff Nash / Teddy Whiley (Corporate Finance)

Nigel Birks (ECM)
 Instinctif Partners                             +44 207 457 2020

Evgen@Instinctif.com
 Melanie Toyne-Sewell / Jack Kincade

 

About Evgen Pharma plc

 

Evgen Pharma is a clinical stage drug development company developing
sulforaphane based medicines for the treatment of multiple diseases. The
Company's core technology is Sulforadex®, a method for synthesising and
stabilising the highly biologically active compound sulforaphane and novel
proprietary analogues based on sulforaphane. 

 

The Company's lead asset, SFX-01, is a patented composition of synthetic
sulforaphane and alpha-cyclodextrin and has undergone clinical trials for
oestrogen-positive (ER+) metastatic breast cancer and recently a Phase 1b
study of the Company's new enteric coated tablet formulation. The FDA has
granted Orphan Drug status to SFX-01 in malignant glioma. SFX-01 will be
investigated initially in this indication as an investigator sponsored study
in the Netherlands.

 

The Company also has a wide number of collaborations with leading academic
centres in the UK, Europe and the US as part of the continuing strategy to
build the scientific data for the compound. Recently, Evgen completed an
out-licensing transaction with Stalicla SA, a Swiss specialist company in
neurodevelopmental disorders, commencing with autism spectrum disorder. The
deal, if successful, will generate milestone payments of $160.5m and a
double-digit royalty on sales.

 

The Company has its headquarters and registered office at Alderley
Park, Cheshire. It is listed on AIM in London and trades under the ticker
symbol EVG. 

 

For further information, please visit: www.evgen.com (http://www.evgen.com)
.

 

 

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUNUBRSKUUUAR

Recent news on Theracryf

See all news