Syntopix Group plc
13 June 2007
For immediate release 13 June 2007
SYNTOPIX GROUP PLC
('Syntopix' or 'the Company')
FIRST PARTICIPANTS DOSED IN ACNE TRIAL
Syntopix Group plc (AIM: SYN), the drug discovery and development company
focused on dermatological diseases, is pleased to announce that the first
participants have been treated in the Company's Phase I trial of three new
topical preparations for acne.
The double-blind, randomised controlled trial, using 24 healthy volunteers, will
seek to demonstrate the antibacterial efficacy of the formulated compounds and
therefore evaluate their potential to compete with antibiotics and benzoyl
peroxide in the acne market.
The Syntopix compounds in this trial include SYN 0017 (an antioxidant present in
foods and cosmetics), SYN 0401 (an antifungal present in personal healthcare
products), and a combination of SYN 0017 and SYN 0016 (an oxidising agent
present in pharmaceutical preparations). All three of these compounds have a
history of safe use in man in line with the Company's strategy of seeking to
reduce the risks and timelines associated with drug discovery by focussing on
compounds with known properties.
It is anticipated that the trial will be completed within three months and that
the results of the trial will be available later this year.
Stephen Jones, Syntopix' CEO, commented: 'We are delighted that the first
compounds from our novel screening and development programme are now being
assessed in the clinic. This is a significant milestone for the Company, and an
important step in identifying compounds that can be developed as medicines for
the treatment of acne.'
ENDS
For further information please contact:
Syntopix Group plc 0845 125 9204
Stephen Jones, Chief Executive Officer
Rod Adams, Chairman
KBC Peel Hunt Ltd 020 7418 8900
Capel Irwin
Buchanan Communications 020 7466 5000
Mark Court/Catherine Breen
Notes to editors
About Syntopix Group plc
Syntopix, a group focused on the discovery and development of drugs for the
topical treatment of dermatological diseases. The company was founded in 2003 as
a spin-out from the University of Leeds by Dr Jon Cove and Dr Anne Eady, two of
the leading experts in skin microbiology, with initial funding from The Wellcome
Trust.
Syntopix' strategy is to seek to reduce the risks and costs of drug discovery
and development by discovering novel uses for known compounds. The company
concentrates on compounds and combinations of compounds that have a history of
safe use in man; and that have well characterised properties, for example
antimicrobials and anti-inflammatories. The Group currently has 10 pending UK
patent applications.
Syntopix is currently concentrating on acne and Staphylococcus aureus infections
and has identified a pipeline of lead drug candidates that it intends to take
through pre-clinical and, as appropriate, clinical trials. The Group intends to
out-license products to commercial partners on obtaining proof of principle and
to seek co-development partnerships.
The Group is based at the Institute of Pharmaceutical Innovation in Bradford,
giving access to the expertise in skin biology, formulation and toxicology at
the universities of Bradford and Leeds.
Syntopix' shareholders include Techtran Group Limited (a subsidiary of IP Group
plc), The Wellcome Trust Limited, University of Leeds Limited, White Rose
Technology Limited and Ridings Early Growth Investment Company Limited. Syntopix
joined the AIM market of the London Stock Exchange in March 2006.
For further information please visit www.syntopix.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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