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Scancell Holdings ( (GB:SCLP) ) has provided an update.
Scancell Holdings has initiated Cohort 4 of its Phase 2 SCOPE study to evaluate the intradermal administration and accelerated dosing regimen of its iSCIB1+ immunotherapy for advanced melanoma. The initial dosing of eight patients showed no significant adverse events, and the company expects interim data by the end of 2025. This development marks a significant milestone in Scancell’s efforts to enhance the efficacy and safety of its immunotherapy products, potentially improving treatment outcomes for melanoma patients and strengthening its position in the oncology market.
Spark’s Take on GB:SCLP Stock
According to Spark, TipRanks’ AI Analyst, GB:SCLP is a Neutral.
Scancell Holdings’ overall stock score is heavily influenced by its poor financial performance, characterized by zero revenue and significant losses. However, recent positive clinical trial data and strategic developments in cancer vaccine trials provide a counterbalance, indicating potential for future growth. Technical indicators suggest a mixed trend with short-term bullish momentum, though overbought conditions warrant caution. Valuation remains unattractive, reflecting ongoing financial challenges. Overall, while there are promising developments in the pipeline, the company’s current financial challenges necessitate caution.
To see Spark’s full report on GB:SCLP stock, click here.
More about Scancell Holdings
Scancell Holdings is a clinical-stage biotechnology company focused on developing targeted off-the-shelf immunotherapies that enhance long-lasting tumor-specific immunity. Their lead product, iSCIB1+ immunotherapy, is designed to treat multiple cancers, particularly melanoma, by leveraging the body’s immune system to identify and destroy tumors. Scancell is also working on a second immunotherapy, Modi-1, and has a pipeline of GlyMab® antibodies targeting tumor-specific glycans.
Average Trading Volume: 850,347
Technical Sentiment Signal: Sell
Current Market Cap: £98.49M
See more data about SCLP stock on TipRanks’ Stock Analysis page.