Oxford, United Kingdom

Scancell is a clinical-stage immuno-oncology specialist that is developing two innovative and flexible therapeutic vaccine platforms. ImmunoBody and Moditope induce high avidity cytotoxic CD8 and CD4 responses, respectively, with the potential to treat various cancers.

Investment Perspective

Scancell has two promising vaccine platforms, ImmunoBody and Moditope, that have the potential to treat many cancers, either as monotherapy or in combination with checkpoint inhibitors. The leading ImmunoBody programme, SCIB1, is in a combination Phase II study for metastatic melanoma. Moditope is also expected to enter the clinic, with a Modi-1 Phase I/II trial expected to start during 2021. A third platform, AvidiMab, antibodies that target glycans, can be highly specific to tumour cells and has generated significant industry interest. The expertise in inducing potent immune responses is now also being directed towards a potential COVID-19 vaccine. We value Scancell, using a risk adjusted DCF model, at £72.4m, or 15.6p a share.

Market information

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Transformational £15m capital raise closes
Update | 12 Aug 2020
Material fund raise means clinical progress in sight
Lighthouse | 22 Jul 2020
COVID 2nd generation vaccine opportunity is all upside
Update | 11 May 2020

Recent News

Proposed Capital Raise to raise up to £15m
22 Jul 2020
Publication highlights potential of Modi-1
24 Jun 2020
Cancer Research publication highlights potential of AvidiMab
12 Jun 2020
Development of vaccine against COVID-19
24 Apr 2020