I'd probably question the expectation that results are still to...

First 2 Last

Share
Profile

Follow
Akki

35,748 Posts.

554

27/09/17

13:30

Post #: 27489660
Share

Originally posted by brainybull ↑

Antibodies have been used as drugs for some 20 years – but typically they are used to bind to protein markers on a cell surface which may identify the presence of a tumour. PAT-DX1 was “a very different sort of antibody”, Patrys chief James Campbell told *. “It doesn’t bind to proteins on the surface but instead is taken up into the cell and binds to DNA where it interferes with DNA repair.”

“This is absolutely unique,” Mr Campbell said. “This is a discovery that came out of Yale University in the United States. No one else is doing these sort of cell-penetrating antibodies.”

In a series of lab experiments, Patry’s PAT-DX1 was shown to kill brain cancer tissue.The antibody was placed on brain cancer tumours cut out of seven human patients. In five of the seven cases, DX1 killed the brain cancer cells, Mr Campbell said.

“We licensed this about 18 months ago and today is the first time we’ve been able to talk about the humanised version of this antibody.”
A humanised drug is one that has been adapted for use in the human body, often following trials in animals.

The results were “very, very exciting”, Mr Campbell said.

Brainy - If Mr Campbell is not exaggerating, the technology could be invaluable. Hope there is interest and partnerships with a big biotech but no takeover yet. I think the price will now stagnate as the next results are due only in the second half of 2017 (per the business update) which is October, November or December 2017. But closer to year end the SP will touch new recent highs due to speculation and if results are great holders could become very rich. I have 1.3 million shares and I am happy to risk losing all the market value $26k (I bought in the lows $7k) in hope for a 100 bagger.

Expand

I'd probably question the expectation that results are still to come before EOCY.

This is the "June" update basically the Annual Report rehashed - I have a feeling reference to the results in second half of 2017 was those released on the 14th of this month. The results of these will be used to guide the next round of animal studies - will they be finished 2017 ? not to sure about that (doubt it?) but i'm sure they will update the market when they decide to commence them.

PAB Price at posting: 2.2¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

3 stocks with antimony news on Thursday

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

ASX Market Open: Local bourse to trade green | Thursday September 12

NEC

Nine Entertainment announces its CEO is stepping down – on an ex-divvy day

MTM

Forget gallium: MTM says it's extracted gold from e-waste

BRX

Belararox to grow copper footprint in Botswana with 4,286 square km tenure

CU6

Clarity progresses SECuRE trial with positive safety results