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N4 Pharma PLC - Derby, England-based pharmaceutical company focused on developing Nuvec, a delivery system for vaccines and cancer treatments - Says it will be supporting the University of Queensland as part of a recent grant award by the Australian Research Council. Professor Chengzhong Yu, senior group leader at the Australian Institute for Bioengineering & Nanotechnology, has been awarded an A$402,115 grant - around £211,366 - to develop an improved nanoparticle delivery system that enhances the performance of messenger ribonucleic acid therapies. Chief Executive Officer Nigel Theobald says: ‘We are pleased to continue our close collaboration with Professor Yu and work on new ways to build on the performance of our Nuvec nanoparticle together.’ Current stock price: 1.65 pence 12-month change: down 30% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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