$8m in cash $20m facility extended to 2026... • R327 shown to significantly reduce SARS-CoV-2 in hamsters R327 SARS-CoV-2 Study Update – Efficacious Activity in Animal Models The Company was pleased to release the findings of its SARS-CoV-2 studies. Undertaken by an independent, third-party contract research organisation (CRO), Netherlands-based CRO, Viroclinics, saw its SARS-CoV-2 studies demonstrate significant efficacious activity of R327 against the SARS-CoV-2 virus in the throat of Syrian golden hamsters – the gold-standard in COVID studies. Throughout the ongoing studies, R327 was shown to significantly reduce SARS-CoV-2 levels in a dose-dependent manner, in throat swab samples collected from animals. The study provided proof-of-concept that intra-nasal treatment with R327 has the potential to reduce SARS-CoV-2 levels during infection.
RCE Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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