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Midatech Pharma PLC

Midatech Pharma starts phase 1 trial of hormonal cancer treatment

Following dosing, all subjects will enter a 63-day observation and sampling period.  

Midatech Pharma PLC -

Midatech Pharma PLC (LON:MTPH) has started to dose patients in its phase 1 study of MTD201, a possible new treatment for hormonal-based cancers such as acromegaly and neuroendocrine tumours (NET).  

The first cohort of healthy volunteers, 14 out of 28 subjects, received one dose of Sandostatin 100 microgram/1 ml solution on 5 October, which has been followed by a 30mg injection of MTD201.

The remaining 14 subjects will undergo the same procedures this week to complete the dosing phase of the study.

Following dosing, all subjects will enter a 63-day observation and sampling period.  

Topline results expected by the end of 2019 or early in 2020.

Midatech is developing therapies using three novel delivery mechanisms.

MTD201 uses Q-Sphera, a polymer microsphere innovation used to prolong and control the release of therapeutics over an extended period of time -from weeks to months.

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Price: 6 GBX

Market: AIM
Market Cap: £24.59 m
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