Director/PDMR Shareholding

RNS Number : 5249L

Scancell Holdings Plc

12 August 2013

 



Scancell Holdings Plc

("Scancel"or the "Company")

Director Shareholding

The Company has been informed that Peter Allen, Non-Executive Director, purchased 50,000 ordinary shares in the Company at a price of 33 pence per share on 22 July 2013.  Following this transaction Mr Peter Allen holds 50,000 ordinary shares representing 0.02 per cent. of the Company's current issued share capital.

For Further Information:

Scancell Holdings Plc  Dr Richard Goodfellow, Joint CEO  Professor Lindy Durrant, Joint CEO		+ 44 (0) 74 2323 0 497
Cenkos Securities:		[phone]
Camilla Hume Stephen Keys
		[phone]
Simon Conway Mo Noonan

About Scancell

Scancell is developing novel immunotherapies for the treatment of cancer based on its ImmunoBody® and Moditope™ technology platforms. Scancell's first ImmunoBody®, SCIB1 is being developed for the treatment of melanoma and is in Phase 1/2 clinical trials. Preliminary evidence from Part 1 of the study showing that SCIB1 produced an immune response which might be associated with clinical benefit in patients with malignant melanoma was released in December 2012.

Scancell's ImmunoBody® vaccines target dendritic cells and stimulate both parts of the cellular immune system; the helper cell system where inflammation is stimulated at the tumour site; and the cytotoxic T-lymphocyte or CTL response where immune system cells are primed to recognise and kill specific cells.

Scancell has also identified and patented a series of modified epitopes that stimulate the production of killer CD4 T cells that destroy tumours without toxicity. The Directors believe that the Moditope™ platform could play a major role in the development of safe and effective cancer immunotherapies in the future.

 

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