PAA 1.14% 22.3¢ pharmaust limited

at 'BIG TIME' PharmAust have shown that Monetel canfight the...

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    at 'BIG TIME' PharmAust have shown that Monetel canfight the infectious ness of the new coronavirus and improve the prognosis of cancerous dogs Clinical Phase Oncology (ASX: PAA) attributed the success of the June quarter to the leading drugs Monetter and Monital, which have "significant" early efficacy of the new coronavirus infection. This quarter, the company signed a material transfer agreement with the Walter and Eliza Hall Medical Research in Melbourne to test the drug's effects on cells infected with the current coronavirus strain (SARS-CoV-2). According to PharmAust, the results proved to be "very positive" and repeated cell culture work "confirmed the initial promising data", suggesting that monital and monettere therapy could reduce infections between the cells of the new coronavirus. The drug inhibits about 95 percent of viral infections in cell culture, and the amount of monetar required to achieve this inhibition is considered to be clinically acceptable. Professor Marc Pellegrini, a better-than-expected researcher at the institute and co-head of the Department of Infectious Diseases and Immune Defence, said the results were better than expected. "These repeated results validate the results of the initial tests and provide a solid foundation for moving the drug to the next level," he said. "In cell culture, it is a significant result that SARS-CoV-2 virus particles can be suppressed by about 95 percent of the infectious nature of the virus." PharmAust and the Institute are comparing human pulmonary epithelial cells with monital and other mTOR inhibitors such as rapamycin and the U.S. Food and Drug Administration, which currently approve emergency antiviral drugs for the treatment of the new coronavirus, including remdesivir. Once these tests are undertaken, PharmAust will begin discussions on the first phase of a trial in a small number of human patients with the new coronavirus. In 2015, in PharmAust's first clinical trial of patients with refractive solid tumors, oral monetelwas was rated as good safety and well tolerated compared to existing anticancer drugs. Pharm Aust said the security data would be used to facilitate the first phase of preparation for the next step. In the June quarter of the canine trial, PharmAust also achieved positive results in a veterinary Phase II clinical trial to investigate the effects of Monital oral pills on dogs and the B-cell lymphoma that had been treated for the treatment , the most common cancer in dogs. The trial was designed to assess the drug's efficacy as a first-line treatment for canine lymphoma, which had not received any chemotherapy before. A two-week daily dose of monital therapy for dogs is treated with a daily dose of monoaital before starting routine chemotherapy, the main endpoint being safety and clinical efficacy. In the trial, the researchers observed a 100 percent survival rate, and typically 50 percent of untreated dogs lived for less than 28 days. One dog's tumor burden was reduced by more than 60%, and one of the tumours disappeared completely within 14 days. DDr Richard Mollard, chief scientific officer at PharmAust, said the results provided a "meaningful trend" compared to the 2017 canine trial sinnage, which used the original liquid monetel formula. "This trial has a number of key objectives - to determine the safety and effectiveness of the tablets; to assess the delivery capabilities of newly developed Monetel tablets; and to collect sufficient positive and indicative data for phase III trials." "We think all of these goals have been achieved." Earlier this month, PharmAust confirmed that the final report on the second phase of the canine trial had been submitted, giving the NASDAQ-listed $9 billion U.S. company Elanco a six-month exclusive option for veterinary licensing. Dr. Mollard, a human trial, said Pharm Aust had made good progress in evaluating human trials in Monetel. The company has conducted further research on tablet formulation and pharmacokinetics with the aim of increasing the absorption of monetel in the blood and reducing the number of tablets for future human trials. "We currently have two GMP-grade Monetters working on stability studies to test the shelf life of the formula," he said. "These studies show a powerful pill that (we will use) to support the submission of relevant documents to the Human Trial Ethics Committee." PharmAust plans to implement a third GMP production plan for Monetel tablets later this year to meet planned human trials. It is also looking for suitable sites for the second phase of human trials to complement the first phase of the trial at the Royal Adelaide Hospital in 2015. Epichem, a wholly owned subsidiary of Epichem's Business Pharm Aust, is firmly in the 2020 financial year, with revenues of A$3.54 million, exceeding the A$3.32 million forecast. Due to the more severe impact and impact on many other partners, the synthetic and pharmaceutical chemical supplier is considered to be the only company of its kind that continued to provide services during the coronavirus pandemic. Chemical-grade hand sanitizers are donated to needed health care and geriatric care providers during the blockade, and beneficiaries include non-profit partners such as the Cancer Council. Epichem supports PharmAust's drug development pipeline, including pilot drug development and validation, candidate drug pipeline manufacturing and analysis, drug reformulation, GMP synthesis and stability support, and drug inventory assignment sourcing to clinical trial centers. It has also been involved in a number of government-run projects, including the Smart Surface Chemistry Working Group, led by former Australian of the Year Dr Fiona Wood. The objective of the working group is to ensure the safety of the WA community by using multi-purpose initiatives related to cleaning and disinfection to slow the spread of the new crown virus.
 
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