N4 Pharma Plc (LON:N4P), the specialist pharmaceutical company developing Nuvec®, a novel delivery system for cancer treatments and vaccines, has announced its audited results for the year ended 31 December 2020.
Nigel Theobald, Chief Executive Officer of N4 Pharma Plc, commented:
“The last 12 months have seen us make considerable progress in the dispersion and formulation work for Nuvec® which will put us in a stronger position for our collaboration discussions as we continue to present our data to potential licensing partners. The next few months will generate further important in vivo antibody response data using a SARS COV-2 plasmid both with our original and optimised Nuvec® formulations.
We have also recently announced that the European Patent Office has notified The University of Queensland of the intention to grant the patent that we have licensed the exclusive rights to. This has been followed more recently by the Australian patent office confirming its intention to grant a patent and we expect other key territories to follow suit in 2021. This again strengthens our commercial discussions.
This is a pivotal time for the Company, we are now finalising the data we feel will give third parties the confidence to explore testing of Nuvec® with their own constructs and we continue to expand that dataset all the time.
We are continuing work on other applications for Nuvec® both for cancer treatment and also to explore the potential for oral delivery of vaccines. This work on oral delivery will continue in the background as there is much that needs doing to establish the potential for Nuvec® in this area as no one experiment will provide a definitive conclusion either way on this potential.”
