e-Therapeutics plc
('e-Therapeutics' or 'the Company')
Approval of Acquisition of Searchbolt
Oxford and Newcastle, UK, 27 May 2016 - e-Therapeutics plc (AIM: ETX), the drug discovery company, is pleased to announce that all resolutions proposed at the General Meeting of the Company held today were approved.
-Ends-
Contacts:
e-Therapeutics plc Malcolm Young, CEO Steve Medlicott, Finance Director
|
Tel: +44 (0) 1993 883 125
|
Numis Securities Limited Michael Meade / Freddie Barnfield (Corporate Finance) James Black (Corporate Broking)
|
Tel: +44 (0) 207 260 1000
|
Instinctif Partners Melanie Toyne Sewell / Jayne Crook / Emma Barlow |
Tel: +44 (0) 207 457 2020 |
About e-Therapeutics plc
e-Therapeutics (AIM: ETX) is a drug discovery company with a proprietary discovery platform based on advances in network pharmacology and chemical biology.
The Company is applying its platform to the discovery of new drug candidates. The therapeutic focus of the Company's activity is in immuno-oncology, addressing drug resistance in targeted cancer therapies and anti-infectives. The platform is highly productive, yielding multiple potent and selective molecules at a much higher rate and more quickly than is reported for conventional drug discovery.
e-Therapeutics has a variety of preclinical stage assets, including ETX1153c, a functionally resistance-less antibiotic; ETS2300, telomerase inhibition in anti-cancer; ETS3100, small molecule anti-TNFα; ETS2400, Hedgehog pathway inhibition and ETS5200, broad spectrum antivirals. The Company has recently completed a phase IIb clinical trial for ETS6103, a drug to treat major depressive disorder.
The Company is fully funded to advance its drug discovery programmes. It is based in Oxford and Newcastle, UK. For more information, visit www.etherapeutics.co.uk.