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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Medical Mktg | LSE:MMG | London | Ordinary Share | GB0004150685 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 5222D Medical Marketing Int'l Group PLC 17 September 2008 AGM Statement Wednesday 17 September 2008 - Phil Cartmell, Non-executive Chairman of Medical Marketing International Group plc ("MMI" or the "Company") (AIM:MMG), the life sciences company focused on the development of drugs for cancer, will today provide a development update on the Company's cancer vaccines and ruthenium chemotherapies at the Company's Annual General Meeting and make the following statement. Cancer vaccines A commercial prostate cancer vaccine ("GVX 3322") has now been assembled and the DNA sequence verified. Immunogenicity testing will commence shortly and will compare, in preclinical in vivo models, the immune responses obtained with GVX 3322 with the academic vaccine used in clinical trials to date. Results will be available during the final quarter of this calendar year and, if positive, the Company will progress its preparations for the commencement of a Phase II trial. Ruthenium chemotherapies The patent portfolio covering MMI's ruthenium based anti-cancer compounds has been strengthened further following the notification allowance of a third EU patent. Efficacy testing of ONCO 4417 against a lung cancer in vivo model is in progress and the results will be made available during the final quarter of this calendar year. Work has also commenced on elucidating the mechanism by which ONCO 4417 instigates cancer cell death and to understand the type of DNA damage caused by these compounds. We are pleased to report the progress that we have made with our cancer vaccines and ruthenium chemotherapies. The proceeds from the recent placing have enabled us to embark on the next phase of development for our two lead oncology products and we remain focused on reaching our objective of creating clear value for our shareholders. Enquiries: Medical Marketing International Group plc Phil Cartmell, Non-executive Chairman Tel: +44 (0) 1223 477 677 Mark Burton, Chief Technical Officer Rob Sprawson, Chief Financial Officer FinnCap Sam Smith/Charlie Cunningham Tel: +44 (0)20 7600 1658 Financial Dynamics David Yates/Emma Thompson Tel: +44 (0)20 7831 3113 About MMI Medical Marketing International Group plc ("MMI") is a life sciences company that identifies, acquires and develops world-class compounds and technologies for the treatment of cancer. The Company manages the preclinical and early clinical development of drug candidates before pursuing licensing partners to manage late-stage development. Please visit www.mmigroup.co.uk for further information. Notwithstanding the inclusion on this release by MMI of a website address and/or another electronic address, MMI does not accept any notices or any other documents or communication via its website or other electronic address. All such notices, documents or communication shall be in hard copy format only. Accordingly the provisions of section 333 Companies Act 2006 allowing persons to communicate with MMI electronically shall not apply to MMI. -ends- This information is provided by RNS The company news service from the London Stock Exchange END AGMSFESUMSASESU
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