Summit Therapeutics PLC says c-difficile trial slowed by coronavirus pandemic disruption
US infectious ailments company BARDA is helping to fund the trial with a grant value up to $72.5mln.
(NASDAQ:SMMT) explained it had recruited 252 people into its stage III trial for its c-difficile (CDI) cure at the stop of March, nevertheless the coronavirus outbreak has slowed enrolment.
The Ri-CoDIFy scientific trials are screening the superiority of Summit’s drug Ridinilazole in excess of the latest common of treatment, Vancomycin, but simply because of the uncertainty encompassing the coronavirus outbreak, it has withdrawn the timeline for its completion.
Summit included that in the light of the coronavirus pandemic, workers are at the moment doing work remotely with its own laboratory facilities briefly shut.
US infectious ailments company BARDA is helping to fund the trial with a grant value up to $72.5mln.
Losses for the eleven months to December ended up £22mln whilst the business had hard cash of £48.4mln at the stop of the year.
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