News and Announcements
Prescient Therapeutics Shareholder Newsletter
- Published November 09, 2015 3:33PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
9th November 2015, ASX Announcement
Prescient Therapeutics Limited (ASX: PTX), a clinical stage oncology, provides the following market update via a shareholder newsletter.
PTX is a clinical stage oncology company developing novel compounds that show great promise as potential new technologies 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 the development of many cancers, including breast and ovarian cancer, as well as leukemia. The 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 Centre in New York. A Phase 1b/2 trial of the compound in combination with current standard of care is also underway in patients with recurrent or persistent platinum ovarian cancer at Florida’s H. Lee Moffitt Cancer Centre. These trials are funded in part by grants from the U.S. National Cancer Institute. In addition, PTX is planning a Phase 1b/2 trial evaluating PTX-200 as a new therapy for acute myeloid leukemia.
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