CTA approval confirms H221 COVIDITY Phase I start
Lighthouse | 30 July 2021
Trinity Delta view: The COVIDITY vaccine programme is only one facet of Scancell’s investment case but represents a high-profile demonstration of its technological expertise. If data read out in 2022 corroborates the thesis that COVIDITY’s dual mechanism of action confers a protective effect against any SARS-CoV-2 variants (including Delta) and other emergent SARS-CoV viruses, it would confirm a differentiated scientific and competitive profile.
Scancell’s three technology platforms (ImmunoBody, Moditope, and AvidiMab) underpin a therapeutic pipeline directed towards several solid tumour types, either as monotherapies or in combinations. Its solid balance sheet and expanding infrastructure mean that Scancell is well positioned to progress its most commercially promising assets into and through clinical development. Successful execution has the potential to generate substantial long-term value. However, with a change in management and in line with our policy, we suspend our forecasts and valuation with the intention of reinstating these pending an update on any changes to strategic priorities and/or timelines.
30 July 2021
|Primary exchange||AIM London|
Scancell is a clinical-stage immuno-oncology specialist that has three technology platforms. Two flexible therapeutic vaccine platforms are progressing through development. ImmunoBody and Moditope induce high avidity cytotoxic CD8 and CD4 responses, respectively, with the potential to treat various cancers.
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