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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Becket Invest Plc | LSE:TAB | London | Ordinary Share | GB00BMWKKL25 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.20 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Blank Checks | 0 | -2.27M | -2.7622 | 0.00 | 9.84k |
RNS No 5845a THERAPEUTIC ANTIBODIES INC 1st October 1997 THERAPEUTIC ANTIBODIES INC. ANNOUNCES START OF TRANSPLANT CLINICAL PROGRAM LONDON, 1 October, 1997 - Therapeutic Antibodies Inc. (TAb) announced today that the U.S. Food and Drug Administration (FDA) has cleared TAb's Investigational New Drug (IND) application for the development of CytoTAbTM in renal transplant patients. This indication involves the prevention of the drug-induced side effects frequently seen in the treatment of kidney transplant rejection. As a result, TAb will now proceed with a clinical study program in the United States. Many kidney transplant patients suffer acute rejection episodes which are often treated with an antilymphocyte therapy, such as Orthoclone OKT(registered trademark)3. This treatment may itself be associated with side effects stemming from release into the circulation of large quantities of Tumor Necrosis Factor alpha (TNFa). CytoTAbTM is a highly purified polyclonal antibody which has demonstrated its ability to neutralize TNF in patients (New England Journal of Medicine, August, 1996). TAb has acquired the exclusive patent rights covering the use of antibodies for this indication through a licensing agreement with the Nutrition Toxicology and Environmental Research Institute Maastricht (NUTRIM) in the Netherlands. Martin S. Brown, Chairman and CEO of TAb, said: "We are very pleased that this IND was rapidly cleared and we will shortly begin the clinical trials phase of development for this particular indication. The economic implications of this program are underlined by the fact that approximately 30,000 kidney transplant procedures are performed in the United States and Europe annually, with a rejection rate of between 40 and 60 per cent." Therapeutic Antibodies Inc., is an international biopharmaceutical group specializing in research, development and production of highly purified polyclonal antibodies for treatment of diseases and other life-threatening conditions for which satisfactory therapies have generally not previously existed. TAb's shares are listed on the London Stock Exchange. An electronic version of this news release, as well as additional information about Therapeutic Antibodies Inc. is available on the Company's home page at: "http://www.tab.co.uk". Enquiries: Therapeutic Antibodies Inc Martin Brown 001 615-327-1027 Saul Komisar Brunswick Stephen Breslin 0171 404-5959 Frank De Maria END MSCNFPNEDLLXEFN
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