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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 |
TIDMMMG RNS Number : 2625O Medical Marketing Int'l Group PLC 04 March 2009 Development update 4 March 2009 - Medical Marketing International Group plc ("MMI" or the "Company") (AIM:MMG), the life sciences company focused on the development of drugs for cancer, today announces the following update on the Company's cancer vaccines and ruthenium chemotherapies. Cancer vaccines The commercial prostate cancer vaccine ("GVX 3322") has completed the preclinical equivalence studies with the academic vaccine being used in the current clinical trial. The positive result obtained in this study allows the Company to continue its preparations for the commencement of a Phase II trial. Planning for the clinical development of GVX 3322 has continued and discussions with leading clinical oncologists are defining the key parameters for a prostate cancer trial. It is evident that the design of this trial will depend critically on the data from the current trial and, in particular, on the PSA-response rate that is observed. The Company is in discussions with the University of Southampton and Cancer Research Technology to obtain these data. Ruthenium chemotherapies The ruthenium compound ONCO 4417 has been investigated in a number of pre-clinical studies to enhance our understanding of the mechanism of action by which it kills cancer cells. These studies show that ONCO 4417 induces DNA damage to levels comparable with that of cisplatin and suggest that the induced DNA damage may directly or indirectly result in apoptosis (programmed cell death). In addition, as ONCO 4417 does not appear to share cross-resistance mechanisms with cisplatin, it is likely that damage induced by ONCO 4417 is not resolved in the same way as that induced by cisplatin and therefore, may provide novel cancer targets for our ruthenium compounds. A summary of this work has been approved for a poster presentation at the American Association of Cancer Research Annual Meeting on 18-22 April 2009 in Denver, Colorado. We continue to focus on investigating the mechanisms responsible for repair of ONCO 4417 induced damage and on evaluating the compound in xenograft models. The findings will be used to target our ruthenium compounds to cancers where the drug will have most effect and to investigate the combination of ONCO 4417 with other drug agents. We also continue to evaluate the second generation compounds, prepared using a targeted synthesis approach, which have now demonstrated good in vitro efficacy across our panel of human tumour cells. 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. This information is provided by RNS The company news service from the London Stock Exchange END MSCUUUBGWUPBGMW
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