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.
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."