17 May 2017
Redx (AIM: REDX) announces its interim results for the six months ended 31 March 2017:
Dr Neil Murray, Chief Executive Officer of Redx Pharma, commented,
Redx Pharma is now optimally positioned to capitalise on the potential of its world class discovery engine with the transition to clinical development of our two best-in-class assets RXC004 and RXC005 in oncology. I am also excited by the potential of our pipeline in fibrosis, bringing novel medicines to areas of severe unmet need. We look forward to announcing the start of our first clinical trial with RXC004 and to building greater value for our shareholders as a clinical stage business.
Iain Ross, Chairman of Redx Pharma, added,
I have been impressed by the potential of Redx Pharma’s science, approach to drug discovery and the speed with which the Company has created a world class pipeline of best-in-class products. Following the recent re-structuring of the organisation we are now focused on implementing an aggressive strategy to accelerate the "realisation of value" by progressing the clinical and commercial development of our lead programs and maximising the long term potential of the pipeline. I am delighted to be working with the Redx team.
Redx Pharma will host a presentation and conference call for analysts and investors at 12:30pm BST / 7:30am EDT today at the offices of Consilium Strategic Communications, 41 Lothbury, London, EC2R 7HG, UK. A presentation will be available on the Redx Pharma website 10 minutes before the start of the call at http://redxpharma.com/investors/reports-and-accounts.html.
To access the conference call, please dial one of the appropriate numbers below quoting the conference ID.
United Kingdom: +44 (0) 1452 555 566
United States: +18 669 669 439
Conference ID: 21560455
The call will be conducted in English and a replay will be available on the Company website for 30 days.