Tiziana Life Sciences: Advancing at speed
Tiziana (TILS), also listed on NASDAQ (Symbol TLSA), is driving forwards the clinical development plan for its fully-human mAb TZLS-501 for treating COVID-19 respiratory symptoms and has set out the detail of its clinical plan being executed by a group of specialist contract research organisations (CROs). With GMP-grade manufacturing already underway via boutique CRO, STC Biologics, the company has appointed three other CROs to develop and test the handheld nebuliser, to conduct an inhalation safety toxicity study in monkeys, and to initiate a human clinical trial in COVID-19 patients.
Having recently announced a US$57mln gross equity offer, subject to imminent closure, TILS looks well set to execute its clinical development strategy both for TZLS-501 and for the full clinical pipeline which includes phase II studies of its proprietary nasal and oral formulations of its lead candidate Foralumab, a fully-human anti-CD3 specific mAb with broad potential to treat inflammatory and autoimmune diseases.
TILS has taken an innovative approach to leverage the potential of TZLS-501 to treat COVID-19, to investigate its promise of helping alleviate life-threatening lung inflammation. To our knowledge TILS is a pioneer in developing anti-IL6R mAbs for administration via a nebuliser or inhaler direct to the lungs and recently filed a patent on the approach in order to target the main site of inflammation directly.
Quick facts: Tiziana Life Sciences PLC
Price: 135 GBX
Market Cap: £258.07 m
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