Want to know what's happening next in healthcare?

MedCityNews is the leading online news source for the business of innovation in healthcare.


“MedCity news is a peerless national resource for those of us who really want to stay on top the very latest news in healthcare from incumbents to startups. ”

Elliot Menschik, DreamIt Ventures partner; Venturef0rth founder; Penn professor


Sign up for our daily newsletter


Silence Therapeutics gets German approval for cancer drug trial

March 5, 2013 5:27 am by | 0 Comments

(Reuters) - Biotech research and development company Silence Therapeutics said it received approval from German authorities for trials of its pancreatic cancer drug and was reviewing financing options for an aggressive expansion.

Shares in the company rose as much as 20 percent on the London Stock Exchange on Tuesday.

The trials will test Silence's ATU027 compound, which prevents the spread of cancer from one organ to another, in combination with Gemcitabine, an anti-tumor drug.

Silence also said latest studies have shown that its new lipid formulation, DBTC, is effective for RNAi (ribonucleic acid interference) treatments to liver tissues.

Advertisement

The company said it was actively looking at an aggressive expansion of its platform, drug targets and key personnel.

Silence said the Federal Institute for Drugs and Medical Devices (BfArM) in Germany had encouraged the company to apply the trials as a combination therapy for a wide range of cancers.

Copyright 2014 MedCity News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
0 comments