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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 |
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
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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