PAA 2.50% 20.5¢ pharmaust limited

News: PharmAust progressing human trials of cancer treatment

  1. PharmAust Limited (ASX:PAA) is fast tracking development of therapeutic cancer products with clinical studies of its PPL-1 treatment currently underway.

    The treatment has already demonstrated apparent broad anti-cancer activity that works with current cancer treatments.

    Notably, a key cancer marker was suppressed in all patients tested at the lowest dose of PPL-1 with no material adverse effects reported.

    Recruitment is currently underway for the next cohort.

    The next stage is likely to examine PPL-1 in patients on chemotherapy.

    PharmAust has also made strides in the use of PPL-1 in canine cancers with the company recently moving to the next stage of clinical evaluations.

    This will make use of the “synergy” discovery, which showed that PPL-1 has the potential to significantly enhance the anti-cancer activity of conventional chemotherapeutics without simultaneously enhancing the associated side-effect profile.

    In these evaluations dogs will be treated with a combination of “standard of care” chemotherapy and PPL-1.

    Two dogs have so far received this combination therapy and are being monitored for the effects of the treatment on regression of their cancers.

    PharmAust has a Research Option Agreement with a major pharmaceutical company for veterinary applications of PPL-1. It will also seek a partner for the human applications of PPL-1

    Earlier this week, the company received a $329,351 tax rebate under the Federal Government’s Research and Development Tax Incentive Scheme.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

 
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