Summit Therapeutics PLC says c-difficile trial slowed by coronavirus pandemic disruption
US infectious ailments agency BARDA is supporting to fund the demo with a grant worthy of up to $72.5mln.
(NASDAQ:SMMT) said it experienced recruited 252 patients into its period III demo for its c-difficile (CDI) treatment method at the close of March, however the coronavirus outbreak has slowed enrolment.
The Ri-CoDIFy scientific trials are tests the superiority of Summit’s drug Ridinilazole over the recent standard of care, Vancomycin, but because of the uncertainty bordering the coronavirus outbreak, it has withdrawn the timeline for its completion.
Summit additional that in the light of the coronavirus pandemic, personnel are presently doing the job remotely with its possess laboratory services temporarily shut.
US infectious ailments agency BARDA is supporting to fund the demo with a grant worthy of up to $72.5mln.
Losses for the eleven months to December were being £22mln though the business experienced hard cash of £48.4mln at the close of the 12 months.
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