ckmtang
- 13 Nov 2003 15:50
Antisoma (LSE: ASM.L - news) shares could double if the ovarian cancer drug, R1549, is successful, and halve if it is not says the Independent. Given the probability of success, reckoned to be about 65%, that looks a gamble worth taking says the paper.
ckmtang
- 20 Nov 2003 09:36
- 2 of 143
Do anyone know the cancer drug going on? share rise a bit today. Is it the prediction of the result is good?
ckmtang
- 11 Feb 2004 08:16
- 3 of 143
narrow loss....
Minx
- 08 Mar 2004 13:09
- 4 of 143
Loads of sells today and hardly any buys yet the price remains - what is afoot
Minx
- 09 Mar 2004 09:20
- 5 of 143
thinking of buying in as it is nearing the bottom of the present cycle, anyone heard any rumours on the drug testing?
Minx
- 11 Mar 2004 20:58
- 6 of 143
sod it, spent hubby's money anyway, lets hope the tests go well or I'll have to explain the dent in the savings account.
tbrooking66
- 08 Apr 2004 14:31
- 7 of 143
Anyone know why this rise has occured?
ckmtang
- 08 Apr 2004 22:46
- 8 of 143
it tipped by IC recently
leong888
- 11 Apr 2004 16:57
- 9 of 143
Antisoma (LSE: ASM) has developed a couple of drugs that treat cancer by choking off the supply of blood to tumours. Its AS1404 is expected to move into Phase II trials this year, and the company reckons that the drug has potential against a wide variety of cancers. Antisoma has also started first trials of its AS1405 in patients with a highly malignant brain cancer called glioma. However, the company is not expected to be profitable for at least the next two years.
ckmtang
- 13 Apr 2004 14:16
- 10 of 143
i think ASM is similar to AZM at some point, drug share, AZM has make a miracle from 50p to now 1.60 so hopefully ASM will do the same.
ckmtang
- 14 Apr 2004 10:07
- 11 of 143
a red day today.
andysmith
- 14 Jan 2005 22:13
- 13 of 143
Last year it halved on bad news, it was tipped to double if the news was good.
What will happen this year if good news flows from next stages of the drug developments. I am tempted to risk a bit on this on, anyone else hold ASM and have any thoughts?
andysmith
- 16 Jan 2005 21:04
- 15 of 143
driver,
was tempted by ASM last year but didn't have enough funds, good job really!!
Releasing some profit soon and got a feeling that ASM worth a punt from here.
Hope it doesn't take-off before I'm in . Also hold MMG in similar field.
As we both have SEO, I will soon have ASM, worth you take a look at MDW, I'm up already and it has yet to fly!! These three could give us a fantastic 2005 with the POTENTIAL, here's hoping!!
dandu71
- 19 Jan 2005 10:42
- 16 of 143
Still creeping up, worth looking at if you`re not in already. Is 25p on the horizon for next couple of weeks? Looking strong at the moment.
dandu71
- 19 Jan 2005 12:08
- 18 of 143
Thanks driver, looking good matey.
dandu71
- 19 Jan 2005 15:54
- 19 of 143
Looking even better.
andysmith
- 19 Jan 2005 20:10
- 20 of 143
Can't believe it, then again!!
Couldn't decide what to do on Monday and thought there might be a pull back below 20p. There was briefly yesterday but I was out. Didn't get time this morning and suddenly got to pay 22.5p. Now deciding what to do, Would they have paid 11.2m for a company if it looked like the drug would bomb out? It would be very stupid to pay that on a hope. What stage is the Aptomera drug at? Still think I will get in or I know I'll kick myself, just trying to second guess whether now or will there be a drop back and better buying opportunity.
dandu71
- 20 Jan 2005 12:07
- 22 of 143
dandu71
- 20 Jan 2005 12:07
- 23 of 143
Still looking strong, I`m looking for 26p by the end of next week.
dandu71
- 20 Jan 2005 17:40
- 25 of 143
dandu71
- 20 Jan 2005 17:43
- 26 of 143
looking good for this week, question is how long can it keep this up before it pulls back?
andysmith
- 20 Jan 2005 19:06
- 27 of 143
Wish I knew, saw it down first thing and thought wait to see if it pulls back further, it did briefly mid-morning and then the 'kin things rocketed.
Is there anything to hold it back from marching to 45p where it was last year before the bad news. 1.5m buy at the end, should have just bought the damn things this morning!!
What do you reckon, get in before its too late or will it pull back to 22p.
I might just risk it and top up if it dos fall back.
dandu71
- 20 Jan 2005 19:47
- 29 of 143
dandu71
- 20 Jan 2005 19:48
- 30 of 143
I may top slice at around 25.5 if it reaches this figure tommorow. Can be a bit risky these pharmaceutical companies as you can see by the fall from lst year. Would like it to get recommended in IC tommorow, fingers crossed!!
dandu71
- 21 Jan 2005 09:14
- 31 of 143
Still looking good this morning, would expect further rises with buys outweighing sells 3:1
tallsiii
- 21 Jan 2005 09:16
- 32 of 143
well it did get recommended. Have bought in this morning for 25p
andysmith
- 21 Jan 2005 13:02
- 33 of 143
Also finally got first thing today and am up already, wish I hadn't been out on Tuesday though. Never mind, rather be in now than not at all.
andysmith
- 19 Apr 2005 20:43
- 34 of 143
Some decent buying going on again here, with many trials in clinical phase and a good constant news stream this could be really interesting in 2005. Pharmas are eager for new products and ASM is one of a few bios with very interesting opportunities within their portfolio right now, second only to MMG IMO but at lower price. Worth watching but like all of these share types, chance to make good profits but not without risk. From <25p, its worth it to me as a potential 2-4 bagger this year if results from trials are successful.
Minx
- 22 Apr 2005 11:54
- 35 of 143
Topped up this morning for 23.7, good company outlook and a number of buy recommendations whilst the price has gone sideways. Also sp at the bottom of the TA trend line and looks ready for an upward movement. Now sitting on even money as I held some before the R1549 drug was pulled, always considered the sp had fallen too much. Expect to see steady rise - let's see if patience pays off.
andysmith
- 26 Aug 2005 22:18
- 36 of 143
Well something appears to be brewing again, yesterday the sp dropped >5% temporarily but was followed by some decent buying and ended the day up followed by a good rise again today. Good news around the corner?
andysmith
- 17 Oct 2005 13:06
- 37 of 143
Good news today AND anything at 23.4p and above are actually BUYS showing as sells!!
driver
- 05 Jun 2006 11:37
- 40 of 143
The Times June 05, 2006
Smaller stock to watch
Shares in Antisoma, the biotech firm, will be in the spotlight today after mixed news from the cancer specialist on an experimental lung cancer drug.
The company told the American Society of Clinical Oncologys annual meeting in Georgia yesterday that Phase-II trials had shown that the drug, known as AS1404, could delay disease progression, improve patient survival rates and improve the response rate of tumours when used in conjunction with standard chemotherapy.
However, Antisoma admitted that it would be entering Phase-III trials of the drug alone, after its partner Roche, the Swiss drug maker, decided not to proceed with AS1404s development. Glyn Edwards, Antisomas chief executive, played down the news, saying that he was delighted to have regained full rights to the drug and will endeavour to maximise shareholder value by advancing AS1404 ourselves while also considering the merits of any offers from new potential partners.
AS1404 is a small-molecule vascular disrupting agent. It is the first member of this class of drugs to report positive efficacy data from a controlled study.
According to the World Health Organisation, there are more than 1.2 million cases worldwide of lung and bronchial cancer each year, causing approximately 1.1 million deaths.
driver
- 17 Oct 2006 15:25
- 41 of 143
Bought back into these the other day after being out for a couple of years looking good for 2007
Was tipped in today's Telegraph see below.
Antisoma
Stock: 25.25p -1p
Questor says Buy
Given that it was founded in 1988, it is not obvious to the outsider that Antisoma is one of the UK's longest established biotechnology companies.
To the external eye, given that the company has no drugs in late-stage phase 3 trials and it has just enough cash in the bank to last for another year or so, its place in the biotech firmament might appear even more surprising.
Earlier this year, Antisoma's shares slumped after Swiss pharmaceutical giant Roche handed back its earlier purchase rights to Antisoma's leading drug for lung cancer, known as AS1404, and another drug for breast cancer.
The stock market quickly took fright, prompting fears Antisoma would have to tap investors for more cash to continue with development.
But that was then, and this is most certainly now, and Antisoma is looking a lot less sickly. Its shares have picked up strongly in the past few months as investors have realised the data so far on AS1404 and its other drugs is promising.
Glyn Edwards, Antisoma's chief executive, has said he is talking to other companies about striking a partnering agreement to fund expensive phase 3 trials for AS1404.
Biotech chief executives often say such things, but Mr Edwards is well regarded in his industry and his indication that he is not doing the ground work for a new fund raising has been taken to mean he really is close to an important agreement to replace Roche.
Would-be investors must remember Antisoma is operating in the field of cancer, where there is huge demand for new drugs. If it cracks the market for lung cancer alone, Antisoma's future will certainly look a lot healthier than it does today.
Indeed analysts believe AS1404 could bring in sales of more than $1bn (537m), making it officially a "blockbuster" in modern pharmaceutical parlance.
Roche's withdrawal from its deal with Antisoma heaps all the risk on the British company striking a new deal, but this could be on better terms than the one it would have had with Roche in any case. A slow burner.
driver
- 18 Oct 2006 12:12
- 42 of 143
17 October 2006, London, UK - Cancer drug developer Antisoma plc
(LSE: ASM; USOTC: ATSMY) today announces that Chief Executive
Officer, Glyn Edwards, will be presenting at the BIO InvestorForum
2006 at the Palace Hotel in San Francisco, USA.
Mr Edwards's presentation is scheduled for 2pm PDT on Wednesday,
October 18. A webcast of the presentation will be available to all on
Antisoma's website at
http://www.antisoma.com/home.asp
goldfinger
- 20 Oct 2006 03:43
- 43 of 143
Lifted from the other big board............
Antisoma write up in Investors Chronicle October 20th 2006
Antisoma is trying to get back on track after the shock decision by Roche to end its partnership. The world's leading cancer drug provider dropped breast cancer drug AS1402 (previously known as R1550) and decided not to option AS1404 for lung cancer in June. Chief executive Glyn Edwards believes Roche's decision regarding AS1404 was largely about preferring to back its own drug, Avastin. He is highly confident of delivering a licensing deal on AS1404 before the company's cash runs out next year, and reports plenty of licensing interest.
Analysts say the phase II data from trials of AS1404 in lung cancer suggests it could be more effective than Avastin in extending survival. Data released this week from studies in ovarian cancer is also positive. Nomura Code expects a loss per share of 4.05p for 2007 (loss of 4.55p in 2006).
IC View - The shares have recovered on licensing hopes. But, with cash running low and without a partner on board, they are also risky. That said, a deal could come soon and Antisoma could be an acquisition target. So, for those with the stomach for it, the shares look speculative good value. ENDS.
goldfinger
- 20 Oct 2006 03:44
- 44 of 143
Ill be buying these in the morning. Looks like a win, win situation.
driver
- 26 Oct 2006 16:13
- 45 of 143
driver
- 02 Nov 2006 14:43
- 47 of 143
smiler o
- 03 Nov 2006 17:07
- 49 of 143
Driver, looks interesting :)
smiler o
- 03 Nov 2006 17:20
- 51 of 143
JUST looking at the chart, Wish I got in August 14p !!
driver
- 08 Nov 2006 20:02
- 52 of 143
LONDON (AFX) - Cancer drug developer Antisoma PLC revealed further positive data from a phase II trial of its experimental tumour-fighting drug AS1404 in non-small cell lung cancer.
The company said in a final assessment of the data, patients who received AS1404, in addition to standard chemotherapy, were found to display a greater delay in tumour progression than previously reported.
Tumour response rates of 31 pct, compared to 22 pct for those who received chemotherapy alone, are unchanged from data revealed in June.
The data are being presented today at a meeting in Prague.
Antisoma announced last year that patients receiving AS1404 in addition to standard chemotherapy survived 5.2 months longer than those receiving chemotherapy alone, while the risk of death was reduced by 27 pct.
The company claims the result is one of the largest differences in survival ever reported from a trial combining a novel agent with first-line chemotherapy for lung cancer.
At 8.05 am shares in Antisoma were trading 1.25 pence higher at 33.5, valuing the company at 124 mln stg. The stock has more than doubled in the last three months.
Investors are waiting to hear the outcome of on-going licensing talks Antisoma is holding with potential partners for the drug, which are needed to help fund the remaining large late-stage trials.
A phase III trial is due to start next year in lung cancer. The company plans to develop the treatment as a direct competitor to Avastin, Roche AG and Genentech Inc's top-selling cancer drug, which received approval to be marketed as a treatment for lung cancer last month.
Like Avastin, AS1404 has also showed promise as a treatment for other cancers such as ovarian and prostate.
amy.brown@afxnews.com
driver
- 24 Nov 2006 14:38
- 54 of 143
London, UK: 24 November 2006 - Cancer drug developer Antisoma plc
(LSE: ASM; USOTC: ATSMY) today announces that its Chief Executive
Officer, Glyn Edwards, will be presenting at the Piper Jaffray 18th
Annual Health Care Conference in New York on Friday 1st December.
Mr Edwards's presentation will take place at 10.30am EST. A live
webcast of the presentation can be viewed on Antisoma's website and
available to all parties thereafter at
http://moneyam.uk-wire.com/cgi-bin/articles/20061124120200H0014.html
driver
- 11 Dec 2006 11:19
- 56 of 143
London, UK, and Orlando, FL, 11 December 2006 - Antisoma today
announces that it is advancing AS1411 into a phase II
http://moneyam.uk-wire.com/cgi-bin/articles/20061211070000H2446.html
driver
- 12 Dec 2006 16:26
- 57 of 143
Very big volume today also in the Smallcap Index as of today.
Holding(s) in Company
http://moneyam.uk-wire.com/cgi-bin/articles/20061212084800H2736.html
driver
- 07 Feb 2007 15:32
- 67 of 143
driver
- 09 Feb 2007 17:49
- 68 of 143
A bit old but explains the sp rise.
From The Business Magazine...
SANOFI-AVENTIS and AstraZeneca, the pharmaceutical giants, have opened talks with Antisoma, a British biotech firm, to license its revolutionary new cancer treatment.
Pfizer is also thought to be potentially interested in Antisomas product, which is being tested for use in the treatment of lung, prostate and ovarian cancer and could generate sales of $1.6bn (E1.23bn, 812m) a year.
The drug, currently known as AS1404, is in the third and final stages of clinical trials for lung cancer. Third stage trials for ovarian and prostate cancer will begin this year.
It works in combination with chemotherapy drugs by cutting off the blood supply to tumours, ensuring that they stop growing. This enables doctors to use lower doses of chemotherapy drugs such as carboplatin and Bristol-Myers Squibbs Taxol. The treatment has the advantage of leaving the area surrounding the tumour untouched, and will hopefully reduce the negative side effects of chemotherapy.
In the second phase of trials, patients being treated with AS1404 and chemotherapy drugs survived for over five months longer than those only using chemotherapy. Long term survival rates are not yet known.
Interest in the drug intensified after the announcement of positive data on the second stage of clinical trials. At one point the company was speaking to around 40 partners.
Glyn Edwards, Antisomas chief executive, confirmed that the company was in talks with a number of potential partners. He said: Until a deal is done, I cant name any names. AstraZeneca declined to comment. A Sanofi-Aventis spokesperson said: At this stage we cant comment.
The company is likely to receive an upfront deal of around $80m, a $200m plus sum on successful delivery of the drug to market, and between 20% and 25% of the drugs royalties.
driver
- 13 Feb 2007 16:04
- 70 of 143
driver
- 15 Feb 2007 07:58
- 71 of 143
ASM; USOTC: ATSMY) announces its interim financial information for
the period ended 31 December 2006.
Highlights
AS1404
* Positive data from phase II trials
o Median survival extended by 5 months in lung cancer
o Positive initial findings in ovarian and prostate
cancers
* Preparations ongoing for phase III trial in lung cancer
* Good progress in talks with potential marketing partners
AS1411
* Progressing to phase II trials in renal cancer and acute
myeloid leukaemia (AML)
o Phase I trial shows promising activity in renal cancer
o Phase I trial provides further evidence for favourable
safety profile
o AS1411 demonstrates potency against cancer cells from
AML patients
AS1409
* Renal cancer and melanoma selected as initial indications for
phase I testing
Financial highlights
* 24.8 million net of expenses raised in oversubscribed placing
* Cash and liquid resources at 31 December 2006 of 33.6 million
(31 December 2005: 23.6 million, 30 June 2006: 14.9 million)
* Operating loss for the six months ended 31 December 2006 of 7.8
million (six months ended 31 December 2005: 9.6 million)
Dr Barry Price, Chairman of Antisoma, said: "Antisoma ended 2006 on a
high, having announced positive data from three phase II trials of
AS1404 and completed an oversubscribed placing. In 2007 we look
forward to further trial data, progression of four drugs to the next
phase of development and the conclusion of a major licensing deal for
AS1404."
http://moneyam.uk-wire.com/cgi-bin/articles/20070215070100H5255.html
driver
- 08 Mar 2007 15:06
- 79 of 143
driver
- 15 Mar 2007 12:54
- 80 of 143
driver
- 12 Apr 2007 15:40
- 82 of 143
Looks like it break the 50p today.
UK Cancer drug developer Antisoma plc (LSE: ASM; USOTC: ATSMY) announces that its Chief Executive Officer, Glyn Edwards, will present at the CIBC World Markets Annual Biotechnology & Specialty Pharmaceuticals Conference in New York on Wednesday 11 April.
http://www.veracast.com/cibcwm/biotech07/main/player.cfm?eventName=1141_antiso&appname=Microsoft Internet Explorer&os=Windows XP&wmversion=Yes - version 11.0.5721.5145&rmversion=Yes - version 6.0.12.1483
s040371giles
- 12 Apr 2007 15:48
- 83 of 143
52p area is a historical resistance level - hit in Oct '01, Oct '03 and Apr '04.
Steve
Bluelady
- 16 Apr 2007 11:00
- 84 of 143
London, UK, and Los Angeles, CA: 16 April 2007- Antisoma announces
that preclinical data supporting three of its drugs are presented
this week at the Annual Meeting of the American Association of Cancer
Research (AACR).
AS1404-Avastin-paclitaxel triple combination highly effective
Antisoma's scientists have for the first time evaluated a triple
combination of the Company's vascular disrupting agent, AS1404, the
anti-angiogenic Avastin and the chemotherapy drug paclitaxel. The
triple combination had powerful and synergistic (more than additive)
anti-tumour effects in a human lung cancer xenograft model. Moreover,
addition of Avastin and paclitaxel to AS1404 did not increase
toxicity.
These observations build on previous xenograft findings showing a
synergistic effect with an AS1404-paclitaxel combination. That effect
translated into a substantial survival benefit in a phase II trial in
non-small cell lung cancer. Preparations are being made for a pivotal
phase III trial combining AS1404 with chemotherapy in lung cancer.
The market opportunity in this setting is large, and would be further
extended if AS1404 also proved effective when added to an
Avastin-chemotherapy combination.
Synergistic effect of AS1404 combined with Erbitux
In a second combination study, AS1404 showed synergistic anti-tumour
effects with Erbitux in a lung cancer model. These findings, together
with the Avastin data, show that AS1404 has potential in combination
with newer, targeted therapies as well as longer established
treatments such as chemotherapies.
Broad potential of AS1411 alone and in combination
New data show that the aptamer drug AS1411 kills cells from a wide
variety of cancer cell lines. These include lines representing the
four most common cancers: lung, breast, prostate and colorectal; as
well as renal, gastric, pancreatic, melanoma, glioblastoma and
certain blood cancer lines. Doses lethal to cancer cells had no
effect on a fibroblast cell line representing normal, healthy tissue.
Separate experiments highlight the potential to combine AS1411 with
other treatments. When AS1411 was used together with paclitaxel or
cytarabine, synergistic killing was seen in a number of cancer cell
lines.
New light is shed on the anti-cancer action of AS1411. The drug
clearly induces apoptosis (programmed cell death). There are,
however, differences from the killing pattern seen with many
cytotoxic drugs, which generally achieve their maximum effect
rapidly. By contrast, AS1411 acts more slowly, continuing to cause
further cell death over a period of days.
AS1411 has completed phase I development, where it was shown to be
very well-tolerated and produced two objective responses in
late-stage renal cancer patients. Phase II trials in renal cancer and
acute myeloid leukaemia (AML) are now planned and the drug may
ultimately have potential against a variety of solid and blood
cancers.
Preclinical support for AS1409 trial plans
Antisoma recently announced that its forthcoming phase I trial of
AS1409, an antibody-cytokine fusion protein, would enrol patients
with renal cancer and melanoma. An AACR poster presents the data
which supported this choice, showing strong expression of the drug's
target in both of these cancer types.
Glyn Edwards, Antisoma's CEO, said: "Our AACR presentations
illustrate the strength and breadth of our pipeline and highlight a
number of ways to further expand the commercial opportunities for our
key products, AS1404 and AS1411."
Bluelady
- 16 Apr 2007 11:06
- 87 of 143
No problem driver,
I have read the AFX report but I know that in theory we are not allowed to paste it due to copyright infringement so I did the other one!!!!
s040371giles
- 19 Apr 2007 08:23
- 90 of 143
Certainly was Driver!
http://moneyam.uk-wire.com/cgi-bin/articles/20070419064500H9831.html
Steve
Bluelady
- 19 Apr 2007 08:27
- 91 of 143
Good news as Steve said.
Antisoma to get 100 mln usd near-term in licensing deal with Novartis UPDATE
AFX
LONDON (Thomson Financial) - Antisoma plc said it stands to receive near term payments of 100 mln usd under an exclusive global licensing agreement signed with Novartis AG for its vascular disrupting agent AS1404 (DMXAA).
Some 75 mln usd will be paid immediately and a further 25 mln when AS1404 enters a phase III trial in lung cancer.
Antisoma will be eligible for total upfront, development, regulatory and sales-related milestone payments of up to 890 mln usd, depending upon a number of factors including successful development and marketing of AS1404 in
multiple indications, launch of back-up products and achievement of sales milestones.
Antisoma will also benefit from Novartis part-funding its commercialisation costs if AS1404 gets to market. Under the deal with Novartis, if AS1404 is approved and commercialised, Antisoma will receive royalties on AS1404 sales and will have an option to co-commercialise AS1404 in the United States.
The group said the deal with Novartis is an important step along the way to making Antisoma a significant and self-sustaining bio-pharmaceutical company.
It said it plans an active programme of in-licensing and to examine opportunities to acquire other oncology companies.
Antisoma is also continuing to evaluate a potential US listing which it said would broaden the capital base supporting the company's development.
The board said it intends to continue to develop AS1411 independently and will also consider potential sales synergies when seeking new assets for the pipeline.
Antisoma said its board intends to discuss its plans with shareholders and resolutions supporting the plans will be put to an EGM.
They will include a renewal of the company's authority to issue new shares up to around a third of the issued number. The board is also minded to seek a renewal of its authority to issue shares for cash in a non-pre-emptive issue, it said. This would provide flexibility, for example to offer new shares as American Depositary Receipts (ADRs) should the board decide to list the company in the US.
Looking forwards, chairman Barry Price said the period ahead will be an exciting one.
'We have formed a great partnership with Novartis to develop and commercialise AS1404. Further important phase II data on AS1404 are expected this year. Other drugs in our pipeline, notably AS1411, are showing real promise. We are now very well equipped to acquire and develop new products and to continue to grow the business.'
s040371giles
- 19 Apr 2007 16:24
- 94 of 143
Looks like 60p is acting as resistance, and I guess short-term holders have been taking profits too.
Steve
s040371giles
- 20 Apr 2007 14:53
- 96 of 143
More profit-taking today, or a closing of yesterday's gap up? I must admit, I thought this would have ticked up today. I guess the volume is comparatively low.
Anybody know if the Novartis news was in today's papers?
Steve
driver
- 22 Apr 2007 16:25
- 97 of 143
The Times -Buy
April 20, 2007
Antisoma
It has been a rough ride, at times, for shareholders in this biotechnology group. The share price quadrupled between autumn 2003 and spring 2004 as the market enjoyed promising news flow. In April 2004, however, the shares collapsed when it encountered setbacks in its research programme and the dissolution of a development deal with Roche.
Confidence began to be rebuilt with a successful cash call in late 2005 and news yesterday of a new link, this time with Novartis, has helped the stock recover lost ground.
The Novartis deal, including 50 million in upfront and near-term payments, secures Antisomas finances for the forseeable future and opens potential market opportunities in the US. Hopes are that Antisoma will be able to bring forward several compounds, designed to treat different cancers. As with many biotechs, the risks are high. But so are the rewards. Buy
http://business.timesonline.co.uk/tol/business/columnists/article1680463.ece
driver
- 22 Apr 2007 16:26
- 98 of 143
Independent
Antisoma soars on Novartis deal to develop cancer drug
By Karen Attwood
Published: 20 April 2007
Biotechnology company Antisoma closed a deal worth up to $890m (445m) with Swiss drug giant Novartis yesterday to develop its lead product, an anti cancer drug which is to enter final stage trials for lung cancer next year.
Shares initially jumped 19 per cent, before settled back to finish the day 10 per cent ahead at 57.75p, giving the company a market capitalisation of 257m.
Antisoma will receive $75m upfront and an additional $25m when its compound AS1404 enters into phase three trials in lung cancer at the beginning of next year. The drug is designed to be used alongside traditional chemotherapy, and clinical studies have shown it extends patient survival by five months.
The deal comes as welcome news for the company after Swiss firm Roche, which has a drug discovery alliance with Antisoma, dropped the compound last year, saying it had failed to live up to early expectations.
Future milestone payments are dependent on the successful development and marketing of the treatment for other types of cancer. The London-based company will also receive royalties on sales of the drug and will have an option to commercialise the drug in the US. Novartis will assume the management and all costs of the future development of AS1404.
Glyn Edwards, Antisoma's chief executive, said he was "very confident this would be a blockbuster product with the potential for strong sales". However, part of the attraction of the deal was that it would also provide extra resources for Antisoma to develop as a standalone company, he said. "We plan to use it as a springboard to further expand our pipeline and to exploit the value in our present portfolio."
Antisoma has six compounds in early stage development. Chief operating officer Dr Ursual Ney added: "We have a healthy pipeline but the deal with Novartis is allowing us to strengthen the pipeline and to buy more products for us to develop."
Samir Devani, analyst at Nomura Code, said that while expectations in the market were high the company has more than delivered. "The Novartis deal substantially strengthens Antisoma's cash position and the company has indicated that it will now look to in-license further oncology candidates and that this may include company acquisitions," he added.
Sam Fazeli, an analyst at Piper Jaffray, said he expects a series of value-driving news from Antisoma over the next year, including data from trials from other cancer drugs.
driver
- 05 May 2007 18:13
- 101 of 143
London, UK: 2 May 2007 - Cancer drug developer Antisoma plc (LSE:
ASM; USOTC: ATSMY) today announces that it will convene an
Extraordinary General Meeting
http://www.antisoma.com/admin/data/datFiles/pdf/EGMNoM.pdf
driver
- 09 May 2007 15:34
- 102 of 143
From Therapeutics Daily:
Antisoma's $100M Novartis Deal Puts VDA Approach In Spotlight
BioWorld Financial Watch - May. 07, 2007
Though more than 10 years old, the concept of "disruptive technology" holds strong appeal, and in biotech vascular disrupting agents (VDAs) occupy a rising-star approach first discovered even longer ago.
Last month's licensing deal, which gives Antisoma plc $75 million up front from Novartis AG for rights to AS1404 and $25 million more when Phase II lung-cancer trials with the compound start early next year, brought fresh attention to the VDA space - and a renewed licking of chops by investors.
Antisoma's backers might have felt disillusioned less than a year ago, when longtime partner F. Hoffmann-LaRoche Inc. bowed out of its plan to usher AS1404 into Phase III trial, blaming "commercial reasons" for the move. (The composition-of-matter patent for AS1404 expires in 2011.) But Antisoma promised a juicy deal on the way, and Novartis stepped up.
The deal could provide as much as $890 million in milestone payments to Antisoma plus royalties, and Novartis will fund all future development as well as Phase II trials now under way.
Included in the milestone payments are approvals in four oncology indications. Novartis has shown its marketing muscle through Gleevec (imatinib), its compound for chronic myeloid leukemia. Also in the milestones package is an undisclosed non-oncology condition, most likely in ophthalmology, as Novartis outside the U.S. markets Lucentis (ranibizumab), Genentech Inc.'s therapy for age-related macular degeneration, and VDAs are being actively explored in that disease. Antisoma is retaining rights to co-commercialize the flavonoid AS1404.
Plans for the compound entail the Phase III study in front-line, squamous non-small cell lung cancer and supporting studies in lung and other cancers. The NSCLC bid goes after the sector of the market not covered by the label for the VEGF inhibitor Avastin (bevacizumab), from Genentech Inc.,cleared for NSCLC in the fall of last year. If AS1404's Phase II data merit, the compound will move into Phase III trials in prostate and ovarian tumors as well.
VDAs might be regarded as the (so far) quieter counterpart to headline-making anti-angiogenesis drugs. Whereas the latter block formation of tumor blood vessels, VDAs target vessels already established, collapsing the endothelial cells in place.
Kobi Sethna, president and CEO of the much earlier-stage VDA player Nereus Pharmaceuticals Inc. likened the scans of VDA-attacked tumors to "donut holes," and told BioWorld Financial Watch that cardiotoxicity hampered the first generation VDAs' ability to chew tumors from within. AstraZeneca plc, for example, discontinued work on its VDA known as ZD6126.
The picture has changed in recent years. AS1404's profile looks clean, as does the profile for NPI-2358, one of about 200 synthetic analogues made by Nereus from a marine fungal extract. A Phase I trial against solid tumors launched last summer.
Antisoma is doing well. Behind AS1404 is a novel aptamer dubbed AS1411, seized in the early 2005 buyout of Aptamera Inc. in an all-share deal that valued the privately held firm at 11.5 million (then US$21.5 million). Early data suggest activity in renal cancer and acute myeloid leukemia. Phase II trials are expected to start late this year and early next. UK-based Antisoma ended the second half of this year with about 33.6 million (US$67 million) in cash and equivalents, not counting the upfront payment from Novartis, with a loss for the period of 6.4 million.
Others with VDAs include Myriad Genetics Inc., which started the first Phase II trial with its compound called Azixa for brain cancer in March. Like Nereus' drug, Azixa seems to work as a cytotoxin as well. The first stage of the Azixa study will include about 16 patients.
MediciNova Inc. has the VDA known as MN-029 ready to start Phase II/III studies in ovarian and NSCLC by the end of this year. The compound came from Angiogene Pharmaceuticals Ltd., which holds a worldwide license. Abbott also has a VDA, the sulfonamide ABT-751, in Phase II trials for lung, colon, breast and kidney cancers, and Bionomics Ltd. is doing preclinical work with the VDA tagged BNC105.
A higher-profile VDA force to reckon with is Oxigene Inc., which has CA4P (combretastatin A4 phosphate). The drug proved its mettle last year in Phase II trials against thyroid cancer, with chemotherapy and without. In February, CA4P yielded positive top-line Phase II data against myopic AMD, too. Full results were due for unveiling at the Association for Research In Vision and Ophthalmology meeting, which started over the weekend.
Oxigene is finalizing a Phase III study with CA4P in anaplastic thyroid cancer (ATC), with first dosing expected in the second quarter of this year. The firm is expected to test CA4P when combined with chemo agents, as compared to chemo alone, in 100 to 200 patients. After Avastin's clearance in NSCLC, Oxigene backed away from that indication as the first Phase III trial, and went with ATC instead.
Amgen Inc. is working in thyroid cancer, too - and during the conference call on first quarter earnings last month, officials said they had decided not to file for approval of AMG-706 for thyroid cancer after Phase II trial with the compound in about 180 patients with locally advanced or metastatic disease who are not candidates for radioactive iodine or local therapies.
ATC patients were left out of the Amgen study (expected to report data at the American Society of Clinical Oncology meeting in June) but some Oxigene/CA4P watchers might have taken pause when Amgen decided to wait on a filing for its drug, until the FDA offers more guidance about the regulatory path. Amgen's trial, though, was an open-label, single-arm study; Oxigene already is talking with the FDA about a randomized, controlled study.
Data from a Phase Ib trial with CA4P plus Avastin should become public in the third quarter of this year, though, and positive results would spur a Phase II study testing a quadruplet combination regimen against non-squamous NSCLC in the second half. CA4P's Phase II ovarian cancer trial is still enrolling patients. Sanofi-Aventis Group also has a combretastatin derivative, AVE8062, but it's lagging behind the Oxigene compound in Phase I trials.
While Novartis' interest in AS1404 could bring pharma sniffing around CA4P (which works by a different mechanism of action), Antisoma boasts the benefit of efficacy data from several randomized, controlled Phase II trials. Oxigene lacks randomized results with its compound, and likely will need more results before signing a partner. Either way, the Antisoma deal has drawn eyes to the space, which is likely to mature even more in the months ahead.
driver
- 14 May 2007 15:23
- 104 of 143
Bluelady
- 25 May 2007 11:59
- 106 of 143
Resolutions passed
All resolutions at today's EGM were passed (details below). The
Directors now have additional flexibility to pursue new opportunities
to grow and develop the business.
If the Company makes a non-pre-emptive offer of shares for cash
pursuant to the authority granted at today's EGM to disapply
pre-emption rights, then shareholders who have disclosed to the
Company a beneficial interest of 3% or more will be given a
reasonable opportunity to participate, on the agreed terms, to a
level at least proportionate to their shareholding at the time of the
offering.
There are no current plans either to issue new shares for cash or as
consideration for an acquisition.
Important AS1404 data ahead
We can now refine our guidance on the expected timing of further data
from our programme of phase II trials with AS1404, the vascular
disrupting agent that we recently partnered with Novartis AG.
* Additional data on PSA response in the phase II prostate cancer
study will be presented at ASCO in Chicago on 3 June (poster
#5115 by Roberto Pili & Mark Rosenthal, 2pm-6pm, Genitourinary
Cancer session)
* Between ASCO and the end of October we expect headline data on
time to tumour progression and 1-year survival from our phase II
studies in ovarian and prostate cancers and from our confirmatory
phase II study in lung cancer. Further details from these studies
will be presented at conferences in Q3 and Q4
* In late 2007 and/or 2008 we expect additional, longer-term
survival data from the ovarian and prostate cancer phase II
studies
Following the licensing of AS1404 to Novartis, the drug has now been
redesignated ASA404.
Positive outlook for Antisoma
We now have a strong partner for ASA404/AS1404. The drug has
demonstrated a five month survival advantage in a phase II lung
cancer trial. Novartis will start enrolling patients into a phase III
trial in lung cancer early next year. Before then, we expect
additional phase II data in ovarian and prostate cancers, which could
add significantly to the drug's value. We will also soon be
recruiting the first patients into a thorough programme of randomised
trials on AS1411, building on highly promising early clinical and
laboratory data. Developments in these and our other programmes will
ensure a continuing run of new data from Antisoma through next year
and beyond.
driver
- 08 Jun 2007 14:13
- 109 of 143
Antisoma to present at Needham & Company Si...
8 June 2007,
London, UK - Antisoma plc (LSE: ASM; USOTC: ATSMY) today
announces that its Chief Executive Officer, Glyn Edwards, will be
presenting at the Needham & Company Sixth Annual Biotechnology and
Medical Technology Conference in New York, USA.
Mr Edwards's presentation is scheduled for 11am EST on Wednesday,
June 13, followed by a 30 minute breakout session. A webcast of the
presentation will be available to all on Antisoma's website
http://moneyam.uk-wire.com/cgi-bin/articles/20070608120000H1814.html
driver
- 22 Jun 2007 11:23
- 111 of 143
Cheers from Mike111D on the other side.
If you have not already done so, you may want to listen to the web cast of Glyn Edwards presenting today at the Piper Jaffray Health Care Conference, in London:
http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=ATSMY.PK&item_id=1573805
Everything remains very much on track further to the plans articulated as a result of the company transforming deal recently announced with Novartis.
I will leave you to listen to the web cast but thought that I would just share a few things with you, some of which will not be that evident to you unless you have been following matters closely:
Aside from the conference today, a number of one on one presentations with institutional investors were undertaken and the feedback from which continues to be positive, based both upon the strength of the Novartis deal and the overall prospects for other aspects of the pipeline; for which the required funds are now firmly in place
There are no known issues of larger shareholders selling etc despite the recent pullback in the price. Given the move in the price from 15p last year, an element of profit taking was to be expected
What has been observed is that there continues to be an increase in holdings within the specialist healthcare funds both in Europe (outside of the UK) and specifically in the US. Due to the way in which these shares are being held i.e. frequently in nominee accounts and due to the UK disclosure requirements not applying, it is difficult for this to be quantified and reported on in the normal way
With circa 80m of cash available, there are certainly no plans to raise further funds and nor at this time to move ahead with the NASDAQ listing. This will be considered at a later stage should funds be sought to progress in-licensing or acquisitions
As per the presentation today, further ASA404 1 year survival data for Ovarian and Prostrate cancer will be released by October 2007
A key point to note but not communicated via RNS to date, is that on the strength of the phase II data that they have seen so far, Novartis are already now prepared to move ahead with ASA404 in Prostrate cancer prior to seeing the data in October. With prostrate cancer being a key indication with blockbuster potential ($1bn plus annualised revenues)
Novartis have already started with patient recruitment for the phase III ASA404 trials which will commence early in 2008
With AS1411, the same randomised trial model will be applied as it was with AS1404. This model is expected to de-risk the project at an earlier stage and consequently add more value at a later stage when compared with the less robust uncontrolled studies often undertaken by other companies
Despite the fact that ASM would in all likelihood have little difficulty in out licensing AS1411, they still have no intention of doing so but instead plan on leveraging the sales and marketing infrastructure that Novartis will be establishing and paying for on their behalf in the US
Trials in AML for AS1411 will be commencing shortly (over the summer) with data being reported in 2008. Trials for Renal cancer will follow on with data expected in 2009
As per the presentation today, reporting through the balance of 2007 will be focussed on ASA404
Finally, dont forget that of the $890m deal agreed with Novartis, $355m is being released in relation to development milestones, so the data being reported is key in more ways than one. Understandably, the actual milestones and associated payments remain commercially confidential and not even key industry analysts have been able to determine these and I have heard some of them try in vain to do so
So IMHO, investing in ASM remains a very sound bet, given the scale and fully funded nature of the deal with Novartis for ASA404 and the strategic significance of how this will allow ASM to press ahead with what for me is a very exciting prospect in AS1411.
driver
- 24 Aug 2007 18:47
- 118 of 143
From the other side.
Piper Jaffrey now has a 83.1p price target........with the Lung Cancer drug alone worth 45/50p!!!!
LONDON (Dow Jones)--Shares in U.K.-based Antisoma PLC (ASM) jumped Wednesday after an experimental cancer drug that it is developing with Novartis AG (NVS) of Switzerland produced good final Phase II results in patients suffering from non-small-cell lung cancer.
Dr. Ursula Ney, Antisoma's chief operating officer, said: "These positive results strongly support our earlier trial findings, which showed that adding ASA404 to chemotherapy improves survival in patients with lung cancer."
Nomura Code analyst Samir Devani said: "It's good news for Antisoma. It's their lead product and a key value driver and gives confidence in the magnitude of benefits at a high dose." Devani has a buy rating on Antisoma, with fair value at 50-52 pence a share.
At 1325 GMT, Antisoma shares were up 21% at 34.5 pence in a higher London market. But Antisoma shares at that level are nonetheless down 19% year-to-date.
Wednesday's good trial results by ASA404 contrasts with the experimental drug's failure, announced July 12, in a mid-stage clinical trial for ovarian cancer - news that sent shares in the British cancer specialist sharply lower.
However, Antisoma is in line to receive a $25 million milestone payment from Novartis when it begins recruiting patients for ASA404's Phase III trials in early 2008.
Daniel Elger, Antisoma's director of communications, told Dow Jones Newswires that the U.K. biotech company will receive the cash as part of its $780 million deal with the Swiss pharmaceuticals giant.
Novartis bought the rights to ASA404 in April and is now gearing up to begin late-stage testing of the experimental drug in lung cancer patients following Wednesday's second set of positive Phase II results. It has already received the first installments of an upfront payment of $75 million.
He added that Novartis is also preparing to initiate Phase III trials of ASA404 in the treatment of prostate cancer - provided the drug produces positive results in its Phase II trial - which is expected to be completed in late October.
" Novartis have said they are very keen to get going," Elger said. "Lung cancer is the lead indication for this drug, but they will also be looking to do other trials. We have had initial positive data on prostate cancer, but we await the final survival data.
"If that is positive, Novartis' plan is to do a Phase III trial in prostate cancer in parallel with lung cancer," he said.
Elger said lung cancer is the single most common cancer in the U.S. and Europe and the potential market opportunity for ASA404 is extremely large. "You are certainly into the blockbuster range in terms of sales that could be achieved," he said.
Phase II trial results for ASA404 released Wednesday show it corroborates data from an earlier Phase II trial, which demonstrated an increase in survival rates of non-small-cell lung cancer patients to 14 months when used with chemotherapy, compared with 8.8 months for those receiving chemotherapy alone, Antisoma said.
Collins Stewart analyst Navid Malik said that although Wednesday's results were good news for the company, he is keen to see how ASA404 performs in Phase III trials.
"The data is encouraging but the gold standard test is Phase III. They need to crack on with Phase III and then we will get the definitive view of what this drug can really do with lung cancer," he said.
Piper Jaffray analyst Sam Fazelli said in a note that he hopes data from ASA404's prostate cancer trial will further support his view that the drug has blockbuster potential. He reiterated his outperform rating on the stock and set a price target 83.1 pence.
"Our valuation suggests the lung cancer indication alone is worth around 45 pence to 50 pence per share," he said.
Elger told Dow Jones Newswires that Antisoma has no plans to license its other products and will instead seek to bring them to market itself.
The company's pipeline includes ASA1411, a biologic, starting Phase II trials for both leukemia and renal cancer; ASA1402, an antibody starting phase II for breast cancer; and ASA1409, still in preclinical development.
"The deal with Novartis only applies to ASA404. We will not be looking for similar deals with the other drugs because one of the strategically important dimensions with the Novartis deal is that we have an option to co-commercialize the drug with Novartis in the U.S.," Elger said.
Elger said Novartis will provide operational and financial support for Antisoma to set up an Antisoma-branded sales force to sell ASA404 alongside them.
"But that sales force will be free to sell any other Antisoma products that we bring through," he added. "So rather than partnering with the other drugs, it's our intention to take them forward through development ourselves. Ultimately, you can earn a bigger share of the drug's value by retaining rights and selling it yourself."
driver
- 05 Sep 2007 11:34
- 119 of 143
UK: 5 September 2007
Cancer drug developer Antisoma plc (LSE: ASM, US OTC: ATSMY) announces that
positive survival data from a recently completed trial of ASA404 are
presented today at the World Conference on Lung Cancer in Seoul,
South Korea.
This single-arm phase II trial evaluated an 1800 mg/m2 dose of ASA404
in combination with carboplatin and paclitaxel chemotherapy in
patients with non-small cell lung cancer. Key findings were as
follows:
* Median survival was 14.9 months
* Median time to tumour progression was 5.5 months
* Tumour response rate was 37.9%
* Addition of ASA404 to chemotherapy was well tolerated
* Safety findings were similar in patients with squamous and
non-squamous lung cancer
These data support the findings from an earlier, randomised phase II
trial in which the addition of ASA404 to chemotherapy produced one of
the largest increases in median survival ever reported in advanced
lung cancer. In that trial, patients who received a 1200 mg/m2 dose
of ASA404 combined with chemotherapy had a median survival of 14.0
months whereas patients who received chemotherapy alone had a median
survival of 8.8 months.
In the earlier trial, tumour response rates were 31.2% with 1200
mg/m2 ASA404 plus chemotherapy and 22.2% with chemotherapy alone.
Time to tumour progression was 5.4 months with ASA404 and 4.4 months
with chemotherapy alone.
Dr Mark McKeage of the University of Auckland, New Zealand, an
investigator in both ASA404 lung cancer trials and the presenter of
the new data in Korea, said: "This is a second set of positive data
on ASA404 in lung cancer. It's particularly encouraging to see more
evidence that patients receiving ASA404 on top of chemotherapy may
live longer than we would expect with chemotherapy alone."
Glyn Edwards, Antisoma's Chief Executive Officer, said: "These data
add considerably to the strength of the evidence supporting ASA404 in
its lead indication and give us extra confidence as the drug proceeds
into phase III testing."
Antisoma's partner, Novartis, plans to start enrollment of patients
into a phase III trial in non-small cell lung cancer in early 2008.
The poster presentation containing the ASA404 data presented at the
World Conference on Lung Cancer is available on Antisoma's website at
www.antisoma.com
driver
- 13 Sep 2007 09:30
- 120 of 143
Preliminary results 12/9/07
Highlights of 2006/2007
Major licensing deal with Novartis for ASA404 (formerly AS1404)
* Total potential milestones of USD $890 million
* Near-term payments of USD $100 million ($75 million received to
date)
* Option to co-commercialise product in US
* Phase III lung cancer trial expected to begin enrolment in early
2008
Positive clinical trial data for ASA404
* Five-month survival gain in randomised lung cancer trial
* Supportive data from second lung cancer trial
* Positive PSA response findings in prostate cancer
Positive data and progress on AS1411
* Cases of tumour shrinkage in renal cancer patients
* Lack of serious side-effects in phase I trial
* Randomised phase II trial started in acute myeloid leukaemia
(August 2007)
Financial summary
* Upfront payment of 38.2 million (USD $75 million) received from
Novartis
* 26.3 million raised in oversubscribed fundraising
* Cash and liquid resources of 61.4 million at 30 June 2007 (2006:
14.9 million)
* Full-year net loss of 9.8 million (2006: 16.9 million)
http://moneyam.uk-wire.com/cgi-bin/articles/20070912070000H2943.html
driver
- 10 Dec 2007 08:47
- 122 of 143
andysmith
- 24 Dec 2007 11:22
- 123 of 143
Had a small dabble with ASM again, interesting 2008 ahead.
3 brokers rate as a strong buy.
driver
- 21 Feb 2008 08:45
- 124 of 143
Looking good.
RPT Antisoma H1 pretax profit 4.1 mln stg vs 7.5 mln loss UPDATE
AFX
(Repeating to amend currency in Novartis deal from stg to usd)
LONDON (Thomson Financial) - Cancer specialist Antisoma PLC, which today unveiled a swing to profits at the half-way stage, said it has the means to invest in its pipeline and sees 2008 as a 'significant' year with cash resources at the end of December of 50.4 mln stg, up from 33.6 mln a year earlier.
The funds come from a 75 mln usd payment from Novartis from a global licensing deal for its vascular disrupting agent ASA404 which Antisoma is booking as revenue on a time-apportioned basis between April 2007 and June 2008, with 25 mln usd still to come.
In the first half, the UK-based company booked a pretax profit of 4.1 mln stg against a loss of 7.5 mln stg last time, on revenues of 16.5 mln stg vs 0.3 mln last time.
In a separate announcement, the company, which specialises in buying in early stage drug candidates and progressing them into clinical development to commercialise or partner with a major company, also reported that it had entered a Phase I trial of AS1409 in renal cancer and melanoma.
AS1409 becomes the fourth drug that the company has entered into clinical trials, on top of ASA404, which is partnered with Novartis and set to enter late-stage trials for lung cancer, the leukaemia drug AS1411, which is in mid-stage trials, and the breast cancer drug AS1402 which is set to enter mid-stage trials later this year.
Chairman Barry Price said in the earnings statement this morning: '2008 promises to be a significant year for Antisoma, with ASA404 progressing to phase III and other drugs advancing through development.
'With a strong balance sheet, we are well placed to invest in and add value to our current pipeline and to add further promising drugs to our portfolio when opportunities arise.'
andysmith
- 21 Feb 2008 18:30
- 127 of 143
was too cheap at 24p before christmas, too much going on and possible take-over target
cynic
- 21 Feb 2008 19:04
- 128 of 143
with Dow weak this evening (at the mo) it is likely that ASM will be on offer cheaper tomorrow
driver
- 11 Apr 2008 10:07
- 130 of 143
driver
- 16 May 2008 11:12
- 132 of 143
London, UK, and Boston, MA: 16 May 2008 Cancer-focused biotechnology
company Antisoma plc (LSE: ASM; US OTC: ATSMY) today announces that
it has entered into an agreement to acquire private US oncology
company Xanthus Pharmaceuticals, Inc. in an all-share deal valued at
GBP 26.8 million (USD 52.2 million). Simultaneously, Antisoma has
executed a fundraising that will provide an additional GBP 20.9
million before expenses to the Enlarged Group.
http://moneyam.uk-wire.com/cgi-bin/articles/20080516080900H0000.html
andysmith
- 20 May 2008 13:10
- 133 of 143
Antisoma now gaining critical mass in its field, looking very good for the future now.
andysmith
- 28 May 2008 18:22
- 134 of 143
what on earth happened today??
Toya
- 28 May 2008 20:01
- 135 of 143
Dread to think! Luckily don't hold currently but this has been a promising-looking company. AZM looked as though it might follow at one point, but then regained its composure somewhat
andysmith
- 28 May 2008 20:14
- 136 of 143
Been holding since before Christmas and will continue to hold, so much going with ASM, it seems to move around from 22p-28p at moment but no apparent reason for fall today, very strange.
Toya
- 29 May 2008 07:38
- 137 of 143
Particularly strange in view of today's news:
"London, UK, 29 May 2008 - Antisoma (LSE:ASM; USOTC:ATSMY) announces
that it has received a milestone payment of USD 25 million from
Novartis. This was triggered by the recent initiation of a phase III
trial of ASA404 in non-small cell lung cancer."
driver
- 30 May 2008 08:21
- 139 of 143
London, UK, 30 May 2008 - Antisoma (LSE:ASM; USOTC:ATSMY) announces
today details of two presentations on ASA404 that will be made at the
upcoming 2008 Annual Meeting of the American Society of Clinical
Oncology (ASCO):
Abstract no. 8072 (poster) Comparison of safety and efficacy between
squamous and non-squamous non-small cell lung cancer (NSCLC) patients
in phase II studies of DMXAA (ASA404); M. J. McKeage, M. B. Jameson,
AS1404-201 Study Group Investigators; on Sunday 1 June, 2-6pm - Board
45c, in S Hall A1.
Abstract no. 5007 (oral presentation) Addition of DMXAA (ASA404) to
docetaxel in patients with hormone-refractory metastatic prostate
cancer (HRMPC): update from a randomized, phase II study; R. Pili, M.
Rosenthal, AS1404-203 study group investigators; on Monday 2 June,
11.30-11.45am in Clinical Science Symposium on 'Novel antiangiogenic
mechanisms' in Room W375a.
driver
- 03 Jun 2008 09:13
- 140 of 143
Investor`s Chronicle - 2 June 2008
Antisoma announced that it has further data supporting its lung cancer treatment in an indication that represents just under half of sufferers, giving it a big competitive edge over the existing lung cancer treatment, Genentech's Avastin.
Lung cancer is the most common cause of cancer-related death in men and the second most common in women, and is responsible for about 1.3 million deaths annually. Antisoma is developing a lung cancer vaccine alongside partner Novartis that treats both squamous and non-squamous indications. In contrast, Genentech's Avastin only treats less severe non-squamous sufferers, who represent just over half of all sufferers.
Antisoma's shares rose just over 6 per cent to 23p in response to the positive
news, but it has been a bumpy ride; its shares have more than halved in the past 12 months.
In a rare move in the depressed UK biotech sector, two weeks ago Antisoma announced the 27m share based acquisition of US late stage vaccine developer Xanthus. KBC Peel Hunt analyst, Paul Cuddon, said that the transaction was "very positive" for Antisoma because of the strength of Xanthus' portfolio, with one drug at the marketing approval stage by the US Food and Drug Administration. He increased his valuation from 40p to 46p.
SHARE TIP UPDATE :
We advised buying Antisoma shares at 27p (11 April 2008). Antisoma still has high cash holdings, and with the result of its leukaemia treatment (AS1411) trial also due this quarter, we maintain our buy recommendation.
driver
- 09 Jun 2008 10:49
- 141 of 143
Antisoma plc
Directors' Share Dealing
9 June 2008, London, UK: Antisoma plc ("Antisoma" or the "Company")
(LSE: ASM; USOTC: ATSMY), the cancer drug developer, announces that
both Dr Barry Price, Chairman and Glyn Edwards, CEO, have purchased
ordinary shares of 1p each in the Company as follows:
+------------------------------------------------------------------------+
|Director |Date of |Amount |Price |Total amount |% of Company |
| |transaction |of shares |(p) |of |held |
| | |purchased | |shares held |following the|
| | | | |in the |transaction |
| | | | |Company | |
| | | | |following | |
| | | | |the | |
| | | | |transaction | |
|----------+-------------+-----------+-------+-------------+-------------|
|Dr Barry |06.06.2008 |100,000 |22.25 |743,077 |0.17% |
|Price | | | | | |
| | | | | | |
|----------+-------------+-----------+-------+-------------+-------------|
|Glyn |06.06.2008 |470,000 |21.25 |2,140,000 |0.48% |
|Edwards | | | | | |
+------------------------------------------------------------------------+
Toya
- 09 Jun 2008 11:17
- 142 of 143
Have actually got back into this - looking good again.