News and Announcements
Prescient Shareholder Newsletter August 2015
- Published August 14, 2015 4:38PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
12th August 2015, ASX Announcement
Prescient Therapeutics (ASX: PTX), a clinical stage oncology company, provides the following market update via a shareholder newsletter.
About Prescient Therapeutics
Prescient Therapeutics is a clinical stage oncology company developing novel compounds that show great promise as potential new therapies to treat a range of cancers that have become resistant to front line chemotherapy.
Lead drug candidate PTX-200 inhibits an important tumor survival pathway known as AKT, which plays a key role in development of many cancers, including breast and ovarian cancer, as well as leukemia. This highly promising compound is now the focus of two current clinical trials. The first is a Phase 1b/2 study examining PTX-200 in breast cancer patients at the prestigious Montefiore Cancer Center in New York. A Phase 1b/2 trial of the compound in combination of current standard of care is also underway in patients with recurrent or persistent platinum resistant ovarian cancer at Florida’s Lee Moffitt Cancer Center. These trials have been funded in part by grants from the U.S. Government, including the U.S. National Cancer Institute. In addition, Prescient is planning a Phase 1b/2 trial evaluating PTX-200 as a new therapy for acute myeloid leukemia in 2015.
To read the full newsletter, please click here.
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