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TILS Tiziana Life Sciences Plc

58.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tiziana Life Sciences Plc LSE:TILS London Ordinary Share GB00BKWNZY55 ORD 3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 58.50 45.00 60.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Tiziana Life Sciences Developing TZLS-501 as a Potential Treatment for Coronavirus Patients

11/03/2020 11:35am

PR Newswire (US)


Tiziana Life Sciences (LSE:TILS)
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LONDON, March 11, 2020 /PRNewswire/ -- Nasdaq and AIM listed Tiziana Life Sciences plc (Nasdaq: TLSA) (AIM: TILS) has today announced that its TZLS-501 treatment could be a potential treatment for patients infected with coronavirus (COVID-19) who are at risk of respiratory failure.

Tiziana, a biotechnology company focused on innovative therapeutics for inflammatory and autoimmune diseases, is expediting development of TZLS-501, with Novimmune, SA, a Swiss biotechnology company with whom it entered into a world-wide license for composition-of-matter in 2017.

Tiziana plans to administer TZLS-501 using a proprietary formulation technology. Tests have already shown that the treatment rapidly depletes circulating levels of IL-6 in the blood.  An excessive production of IL-6 is regarded as a key driver of chronic inflammation and is believed to be associated with severe lung damage observed with COVID-19 infections and acute respiratory illness.

Dr. Kunwar Shailubhai, CEO & CSO of Tiziana Life Sciences said; "We are excited to move forward with our clinical development plan to expedite evaluation in patients as soon as possible."

For further enquiries:

Tiziana Life Sciences plc
Tiziano lazzaretti               
+44 (0) 207-495-2379

Novus Communications
Alan Green/ John Brennan    
+44 0207-448-9839

 

 

 

Cision View original content:http://www.prnewswire.com/news-releases/tiziana-life-sciences-developing-tzls-501-as-a-potential-treatment-for-coronavirus-patients-301021437.html

SOURCE Tiziana Life Sciences plc

Copyright 2020 PR Newswire

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