Two of Prescient’s Assets Selected for COVID-19 Antiviral Testing Program, Stock up ~18%

  • Jul 21, 2020 AEST
  • Team Kalkine

Prescient Therapeutics Limited (ASX:PTX) has signed a research agreement with the Peter Doherty Institute for Infection and Immunology subsequent to the selection of two existing assets of PTX for the testing program for SARS-CoV-2 Antiviral Drugs Program of the Doherty Institute.

Notably, both assets were evaluated as Group 1 priority candidates.

Moreover, Prescient has filed new patent applications for the use of both assets as anti-SARS-CoV-2 agents and all additional IP generated during the screening by the Doherty Institute will be owned by PTX.

Post announcement on 21 July 2020, PTX quoted at A$0.069 climbed by 18.966% at AEST 11:37 AM.


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