IQ-AI Limited Update on Phase I Clinical Trial (3307L)

TIDMIQAI

RNS Number : 3307L

IQ-AI Limited

10 September 2021

September 10, 2021

IQ-AI Limited

("IQ-AI" or the "Company")

IQ-AI update on Phase I clinical trial and software sales

IQ-AI Limited (LSE: IQAI, OTCQB: IQAIF) announces that the Gallium Maltolate phase I clinical trial will now commence towards the end of Q4 2021. This rescheduling is the consequence of a change in the trial agent's encapsulation supplier.

While the selection and qualification process will result in a delay, securing and establishing a robust supply chain now will benefit subsequent trial phases and support high-volume production capacity. Overall, the trial continues to advance at a remarkable pace and has obtained all regulatory and institutional milestones as scheduled.

Elsewhere, IQAI continues to experience increased interest in its software platforms and further installations are anticipated to be contracted during Q4, when the Company will also be deploying its software at two more US National Cancer Institute-designated cancer centres on a trial basis.

The Directors of the Company accept responsibility for the contents of this announcement.

 
 IQ-AI Limited 
  Trevor Brown/Vinod Kaushal/Brett Skelly/Michael 
  Schmainda                                            0207 469 0930 
 Peterhouse Capital Limited 
  Lucy Williams/Heena Karani                           0207 220 9797 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RESBLGDCDXGDGBC

(END) Dow Jones Newswires

September 10, 2021 02:00 ET (06:00 GMT)