VHL 7.69% 14.0¢ virax holdings limited

brilliant News ...:) This acquisition has the potential to...

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  1. 13,783 Posts.
    brilliant News ...

    This acquisition has the potential to catapult up - side for Virax shareholders.
    It also means that in the next 12 months we expect to be driving five clinical trials, under two
    separate IND applications with two of the most advanced trials funded by US government authorities.
    “TCN - P or triciribine phosphate monohydrate is a small molecule that blocks
    the AKT growth promoting pathway that leads to cancer.
    AKT is the most frequently mutated pathway in cancer and thus plays a key role in m
    any cancers including those being currently pursued ( breast, ovarian and leukaemia ) as well as
    a potential treatment for other cancer s in the future.
    High AKT expression is associated with a poor outlook, resistance to chemotherapy and
    shortened patient survival time. In animal studies TCNn -Phas been shown to strongly suppress the
    growth of high AKT expressing tumours and to overcome resistance to
    commonly used chemotherapeutic drugs,
    a key feature of the TCN
    -
    P drug.
    Already more than 100 patients have been dosed with TCN
    -
    P in extensive trials carried out at
    highly regarded US cancer centres including the
    Lee
    Moffitt Cancer Center in Florida,
    MD
    An
    derson in Texas
    and the Memorial Sloan Kettering Cancer Cent
    e
    r in New York.
    D
    ata from a
    completed
    Phase 1 study
    of TCN
    -
    P
    in hematologic
    cancers (primarily
    Acute
    Myeloid
    Leukemia
    or AML
    )
    carried out
    at MD Anderson
    and Lee Moffitt Cancer
    Centers
    has

    3
    www.virax.com.au
    VIRAX HOLDINGS LIMITED
    shown
    encouraging
    anti
    -
    tumo
    u
    r activity.
    A further
    Phase 1b
    study will be undertaken at the
    Moffitt Cancer Cent
    e
    r
    early in 2015
    to maximi
    s
    e traction in the treatment of
    AML
    ,
    an
    aggressive
    form of cancer
    that is expected to become more prevalent with
    aging
    populat
    io
    n
    s
    Last edited by gonegassed: 17/10/14
 
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