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NOX confirms IDX results increase T-helper cells

Health Care, Technology
ASX:NOX      MCAP $17.53M
15 April 2019 23:54 (AEST)

Noxopharm has released data from its first set of pre-clinical studies and has confirmed idronoxil (IDX), used in the anti-cancer drug (Veyonda), activates the immune system.

The results confirm IDX activates cells, in both the innate and adaptive immune systems, which increases natural killer and T-helper cells.

These activated cells are then able to attack and clear harmful cells from the body.

While other drugs are limited in their effectiveness, Veyonda targets a wide range of cancerous cells and CEO Greg van Wyk believes it will be beneficial in the future.

“Veyonda appears to be a truly versatile drug candidate, with these immune-oncology effects having the potential to complement its radio-enhancing and chemo-enhancing functions across a broad range of cancer types,” he said.

While the global market for immune checkpoints was US$10.5 billion in 2017, it is projected to reach US$56 billion by 2025, based on what the rate of advancement is currently like.

The discovery of Veyonda is a potential means of overcoming the restricted benefit of current anti-cancer drugs with future studies done by Noxopharm focusing on how it works.

Please find announcement attached here 

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