Missing out on the CRUK Grand Challenge
Lighthouse | 23 January 2019
Trinity Delta view: We never bought into the value of winning the CRUK Grand Challenge and so today’s announcement is not material to our stance or valuation. Understandably some will be disappointed at being so close yet missing out; but, in our view, the commercial importance of the award was always questionable, particularly in relation to ownership of any intellectual property that arose.
We continue to value Scancell at 21.1p/share. There are various catalysts over the coming year with a Phase II trial with ImmunoBody SCIB1 and the first clinical study with a Moditope due to be initiated in 2019. It has started the year by announcing the strengthening of its team with the appointment of Dr Samantha Paston from Immunocore as Head of Research and Dr Adrian Parry from Mereo BioPharma as Head of Manufacturing.
6 February 2019
|Primary exchange||AIM London|
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.
Mick Cooper PhD
+44 (0) 20 3637 5042
+44 (0) 20 3637 5043
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