Oct 25 (Reuters) - ONXEO SA C4X.PA :
* FIRST SAFETY AND ACTIVITY RESULTS OF PHASE I DRIIV-1 STUDY
EXPECTED IN Q4 2018
* PHASE IB/IIA COMBINATION STUDIES OF ASIDNA TO BE INITIATED
AS
EARLY AS H1 2019
* CASH POSITION OF EUR 13 MILLION AT SEPTEMBER 30, 2018,
SUPPORTS
COMPANY'S DEVELOPMENT IN ATTRACTIVE FIELD OF DNA DAMAGE RESPONSE
INTO 2020
* NEW FIRST-IN-CLASS COMPOUND FROM PLATON, EXPECTED BEFORE
END
2018, WILL ENTER PRECLINICAL TESTING IN 2019
* PLATON: COMPANY INTENDS TO INITIATE PRECLINICAL STUDIES
AND CMC
ACTIVITIES FOR THIS NEW COMPOUND IN 2019
* MAINTAINS OBJECTIVE TO ANNOUNCE NEW DRUG CANDIDATE, WITH
DIFFERENT TARGETS FROM THOSE OF ASIDNA, BY END OF 2018 IN ORDER
TO PROCEED WITH PRECLINICAL TESTS IN 2019
* REVENUES FOR Q3 OF 2018 REACHED EUR 3.3 MILLION
Source text for Eikon: ID:nBw9n0BWra
Further company coverage: C4X.PA
(Gdynia Newsroom)
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