4D pharma plc (LON: DDDD), a pharmaceutical company leading the development of Live Biotherapeutics, noted today the recent fall in its share price, and confirms that it is not aware of any Company related matter which could be responsible for this price movement. The Board also confirms that all clinical study timelines continue to progress as expected.
4D pharma plc is a world leader in the development of Live Biotherapeutics, a novel and emerging class of drugs, defined by the FDA as biological products that contain a live organism, such as a bacteria, that is applicable to the prevention, treatment or cure of a disease. 4D has developed a proprietary platform that rationally identifies novel bacteria that have a precise and evolved therapeutic effect. All of 4D’s Live Biotherapeutic products are orally delivered single strains of bacteria that are naturally found in the healthy human gut. 4D has completed a Phase I study in Irritable Bowel Syndrome and has completed dosing in a Phase I study in Paediatric Crohn’s Disease. It currently has a pipeline of 13 pre-clinical programmes, covering disease areas such as cancer, poorly controlled asthma, autoimmune and CNS disease, and plans to commence one additional clinical study in 2018 and a further three in 2019.