New insights from Parkinson’s disease collaboration
Update / 6 December 2018
Promising early results from the C4X Discovery (C4XD) collaboration, initiated in May 2018, highlight the flexibility of e-therapeutics’ network-driven drug discovery (NDD) approach, and its applicability to drug discovery for complex diseases. NDD analysis of Parkinson’s disease (PD) associated genes identified both known and potential new biological mechanisms. This is a first demonstration of the ability of the NDD platform to extract insights from genomic data and link them to potential new targets and pathways for drug discovery. While further work is necessary to explore this more fully in PD (and other diseases), it could provide another facet to e-therapeutics’ business development discussions. We continue to value e-therapeutics at £53.8m (20.4p/share) and anticipate one or more NDD-based deals in the next 12 months.
|Adj. PBT (£m)||(13.4)||(6.7)||(5.4)||(4.4)|
|Net Income (£m)||(13.1)||(5.4)||(4.3)||(3.6)|
|Adj. EPS (p)||(3.9)||(2.0)||(1.6)||(1.3)|
6 December 2018
|Shares in issue||268.6m|
|12 month range||5.8p-10.4p|
|Primary exchange||AIM London|
e-Therapeutics is a drug discovery company with a proprietary network driven drug discovery (NDD) platform. Following management changes and a strategic review in 2017, the focus is now on optimising its discovery processes and platform, and securing industry collaborations and partners for its projects.
+44 20 3637 5043
Mick Cooper PhD
+44 (0) 20 3637 5043
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