Hardman&Co Research Report: Pipeline progress
OREANDA-NEWS. Pipeline progress - Porcupine inhibitor: Redx is a drug discovery company, offering investors access to a new R&D model; not without risk, but one that is mitigated by the breadth, depth and focus given to its pipeline. It has developed a broad early stage preclinical pipeline focusing on cancer, immunology and anti-infectives, particularly microbial resistance - all considered "hot" areas of scientific and commercial interest - validated to an extent by six partnerships. Its Porcupine inhibitor has started IND-enabling studies with a view to commencing clinical trials in the next 12 months is another example of the rapid progress of its discovery engine, and is likely to command plenty of external interest.
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