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Redx Pharma: Developing treatments for cancer and fibrosis
Redx Pharma confirms start of phase I study of lead drug RXC004
Initial results from a phase I study of its lead drug, RXC004, a porcupine inhibitor aimed at treating cancer driven by the Wnt pathway, are expected in the second half of the year, with the full read-out expected in early 2020.
Redx has also secured short-term funding with a loan of up to £2.5mln and is in talks to find a longer-term financing solution.
Quick facts: Redx Pharma Plc
Market Cap: £10.75 m
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