Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Skinbiotherapeutics Plc LSE:SBTX London Ordinary Share GB00BF33H870 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -2.9% 67.00 66.00 68.00 69.00 67.00 69.00 153,150 09:00:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 0.0 -1.6 -1.2 - 104

SkinBioTherapeutics PLC AxisBiotix-Ps(TM) food supplement study commences

17/02/2021 11:36am

UK Regulatory (RNS & others)


Skinbiotherapeutics (LSE:SBTX)
Historical Stock Chart


From Jan 2021 to Apr 2021

Click Here for more Skinbiotherapeutics Charts.

TIDMSBTX

RNS Number : 4501P

SkinBioTherapeutics PLC

17 February 2021

17 February 2021

SkinBioTherapeutics plc

("SkinBioTherapeutics" or "the Company")

AxisBiotix-Ps(TM) food supplement consumer study commences

   --    Final study size of 265 from initial target of 200, following high demand for places 
   --    AxisBiotix-Ps(TM) shipped to participants, with study to commence upon receipt of supplements 

SkinBioTherapeutics plc (AIM: SBTX ) , a life science company focused on skin health, announces that AxisBiotix Limited, a wholly owned subsidiary of the Company, has commenced its AxisBiotix-Ps(TM) food supplement consumer study.

Further to research exploring the relationship between the gut and the skin, SkinBioTherapeutics, with its partner Winclove Probiotics B.V., developed a blend of bacterial strains in the form of a food supplement. The proprietary blend of bacterial strains has been specifically designed to balance the gut microbiome to address the over-production of new skin cells often seen in aggressive skin conditions such as psoriasis.

The food supplement blend has been named AxisBiotix-Ps(TM), and enrolment for a 'self-managed' consumer study of the supplement commenced in January 2021. Following an extremely high level of demand for participation in the study, the capacity was increased from 200 to 265 participants with the additional 65 places focussing on non-psoriatic conditions to explore the possible impact of probiotics on other skin conditions. The study will be monitored through a bespoke mobile device app, allowing for the study to progress amid COVID-19 restrictions.

Participants have been grouped into cohorts and supplements have been shipped to the first cohort who, upon receipt, will download the AxisBiotix -Ps(TM) 'BRIGHT' consumer study mobile device application and commence the study. Participants will receive two batches of supplements, each batch comprising 28 days of supply. After each 7-day cycle, participants will be asked to respond to questions on the app, evaluating the progression of their symptoms, and will have the option to upload photos of the affected skin areas.

Following the 2 x 28-day periods, there will be a period of approximately 14 days where participants will continue to evaluate the progress of their symptoms, in order to assess the effects following cessation of taking the supplement.

The study is targeted to conclude by the end of April 2021 and, following analysis of the data, the Company expects to be able to report on the study findings shortly thereafter. Subject to a positive outcome, the Company will then target a commercial launch of the product during the course of 2021.

Stuart Ashman, CEO of SkinBioTherapeutics, said:

"I am extremely proud that, despite the global impact of COVID-19 restrictions and the new import regulations pertaining to Brexit, we have received the study samples of AxisBiotix-Ps (TM), from our partners at Winclove, and have begun shipping the units to the study participants. It is a reflection of the hard work of the team that we have managed to deliver on our target of commencing the food supplement consumer study by mid-Q1, despite these external factors.

"The increased size of the study allows us to widen our scope to assess the impact of AxisBiotix-Ps on the symptoms of other skin conditions beyond psoriasis; this is an exciting scope of research that will run concurrently with the primary trajectory of AxisBiotix-Ps.

"We look forward to engaging directly with the study participants and monitoring the impact of AxisBiotix-Ps on their skin and overall health."

-Ends-

For more information please contact:

 
 SkinBioTherapeutics plc                         Tel: +44 (0) 161 
  Stuart J . Ashman, CEO                          468 2760 
  Doug Quinn, CFO 
 Cenkos Securities Plc (Nominated Adviser        Tel: +44 (0) 20 7397 
  & Broker)                                       8900 
  Giles Balleny, Max Gould (Corporate Finance) 
  Michael Johnson (Sales) 
 Instinctif Partners                             Tel: +44 (0) 20 7457 
  Melanie Toyne-Sewell / Phillip Marriage         2020 
  / Nathan Billis                                 SkinBio@instinctif.com 
 

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 Prof. Catherine O'Neill and Professor Andrew McBain.

The Company has demonstrated, through scientific testing, that the SkinBiotix(R) platform can improve the barrier effect of skin models, protect from infection and repair wounds. Proof of principle studies have also shown that the SkinBiotix(R) platform has beneficial attributes applicable to each of these areas. The technology achieved positive results in clinical studies in human volunteers in early 2019.

The Company listed on AIM in April 2017 and is based in Manchester, UK. For more information, visit: www.skinbiotix.com .

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 rns@lseg.com 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

RESFDLFFFLLXBBF

(END) Dow Jones Newswires

February 17, 2021 06:36 ET (11:36 GMT)

1 Year Skinbiotherapeutics Chart

1 Year Skinbiotherapeutics Chart

1 Month Skinbiotherapeutics Chart

1 Month Skinbiotherapeutics Chart
ADVFN Advertorial
Your Recent History
LSE
SBTX
Skinbiothe..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210419 10:19:56