Home > Boards > US OTC > Medical - Drugs > PHARMA MAR (PHMMF)

Nice day!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
radly Member Profile
 
Followed By 13
Posts 2,357
Boards Moderated 0
Alias Born 01/11/12
160x600 placeholder
radly   Tuesday, 03/03/20 10:24:03 PM
Re: None
Post # of 51 
Nice day!



Madrid, March 3, 2020



In accordance with Article 226 of the recast Spanish Securities Market Act (Ley del Mercado de Valores), is hereby reported the following:


INSIDE INFORMATION

In response to the news that appeared in the media after the press conference called by the Company today, the Company reports that it has a therapeutic compound, Aplidin, approved in Australia for the treatment of multiple myeloma, which by its mechanism of action could be effective in treating the current outbreak of coronavirus, called Covid-19. This hypothesis is based on scientific publications that show that the virus (its N nucleoprotein) needs the EF1A protein, present in human cells infected by the virus, to reproduce and/or spread within them. Aplidin would block EF1A and make the reproduction of the virus inside the cell unfeasible.



Based on this hypothesis, the Company plans to carry out the corresponding laboratory confirmation tests during the next month. If results confirming this hypothesis are obtained, they will be forwarded to the competent regulatory authorities to decide on the next steps to be taken, in order to continue development in this indication.

Further information: click here.



Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences