RCS - ValiRx PLC - Hardman Research:Developing novel cancer therapies <Origin Href="QuoteRef">VALX.L</Origin>
RNS Number : 6961GValiRx PLC31 May 2017Hardman Research: Developing novel cancer therapies
Developing novel cancer therapies: ValiRx is a clinical-stage biopharmaceutical company focused on the development of therapeutics for the treatment of cancer, associated biomarkers and companion diagnostics. The company's two leading assets are in clinical trials: VAL201 (Phase I/II) - a peptide for advanced prostate cancer and potential to treat other hormone- induced indications; and VAL401 (Phase II) - a novel reformulation of risperidone, in trials for lung cancer. Both drugs are targeted at multi-billion dollar markets that are inadequately served by current drugs. The aim is to progress the clinical data and exit via a collaboration or commercial out-licensing to a larger partner.
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