SkinBioTherapeutics PLC Human study commenced (1789B)

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RNS Number : 1789B

SkinBioTherapeutics PLC

19 September 2018

SkinBioTherapeutics plc

Human study commenced

Manchester, UK - 19 September 2018 - SkinBioTherapeutics plc (AIM: SBTX, the "Company"), a life science company focused on skin health, confirms that it has commenced its human study being carried out on its SkinBiotix(R) technology.

There are three elements to the human study: the first, already underway, is to assess skin irritancy; the second, due to commence on 20 September 2018, is to assess moisturisation potential; and the third is to assess the technology's impact on the barrier function. This third element of the study, for which the Company has now received final ethics approval, has been rescheduled to commence in November due to capacity issues within the clinical research organisation.

Study one is a skin irritancy test using different concentrations of SkinBiotix(R) in the cream formulation. Five different concentrations of the technology will be compared with the base formulation (i.e. containing no SkinBiotix(R)) and an existing marketed dermatological cream. Thirty volunteers will be assessed for irritancy at various time points up to 72 hours. The results are expected in October 2018.

Study two is an evaluation of the moisturisation potential of the SkinBiotix(R) cream formulation compared to the base formulation. The study will assess 20 participants, with approximately a 12 hour treatment period for each volunteer. The results are expected in October 2018.

Study three is a test to determine whether the positive impact of the technology on the skin's barrier function, which has been demonstrated in laboratory studies, is replicated in human volunteers. The Company has now received final ethics approval for the commencement of this study. The study will be conducted with 120 female volunteers with self-assessed 'dry skin'. The first 20 volunteers will be treated in November 2018 with the remaining 100 volunteers treated in January 2019. Data on the first 20 volunteers is expected to be available in December 2018 with the full read out on all 120 volunteers available during Q1 2019.

Dr Cath O'Neill, CEO of SkinBioTherapeutics, commented:

"I am delighted that we now have all three aspects of our human study scheduled. Data from the two initial tests is expected in October 2018, and data from the third, larger test, is expected in Q4 2018 and Q1 2019. We hope that these results will provide additional proof of the SkinBiotix(R) technology's efficacy and enable us to continue to pursue commercial discussions".

-ENDS-

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 and has been arranged for release by Doug Quinn, CFO of the Company. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For more information, please contact:

 
 SkinBioTherapeutics plc                      Tel: [phone] 
  Dr. Cath O'Neill, CEO                        2760 
  Doug Quinn, CFO 
 Cairn Financial Advisers LLP (Nominated      Tel: [phone] 
  Adviser)                                     0880 
  Tony Rawlinson / Sandy Jamieson / Richard 
  Nash 
 Turner Pope Investments (Joint Broker)       Tel: [phone] 
  Ben Turner / James Pope                      4120 
 
  Northland Capital Partners (Joint Broker) 
  Tom Price                                    Tel: [phone] 
                                               6625 
 Instinctif Partners (Media Relations)        Tel: [phone] 
  Melanie Toyne-Sewell / Deborah Bell          2020 
                                               [e-mail] 
 

About SkinBioTherapeutics plc

SkinBioTherapeutics is a life science company focused on skin health. The Company's proprietary platform technology, SkinBiotix(R), is based upon discoveries made by CEO Dr. Catherine O'Neill and Professor Andrew McBain.

SkinBioTherapeutics' platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to the skin. The Company has shown that the SkinBiotix(R) platform can improve the barrier effect of skin models, protect skin models from infection and repair skin models. Proof of principle studies have shown that the SkinBiotix(R) platform has beneficial attributes applicable to each of these areas.

SkinBioTherapeutics received seed funding from the Tech Transfer office of the University of Manchester for the discovery of SkinBiotix(R). The platform was subsequently spun out of the University of Manchester in March 2016 and was funded by OptiBiotix (AIM: OPTI).

The Company joined AIM in April 2017 concurrent with raising GBP4.5 million from a placing of new ordinary shares.

The Company is based in Manchester, UK. For more information, visit www.skinbiotherapeutics.com.

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September 19, 2018 02:00 ET (06:00 GMT)