News blog

Verona Pharma

  • BY: Andrew Hore |
  • POSTED: 18/06/2008 |

Verona Pharma has signed a new collaboration agreement with Scotland-based GlycoMar.

The respiratory disease treatments developer has been researching anti-inflammatory polysaccharide which are anti-inflammatory but without the concomitant anti-coagulant effect of similar treatments. This research is based on research on marine organisms such as starfish.

Verona has identified a number of other compounds that it has sourced from GlycoMar, which focuses on the development of marine-derived treatments as well as offering contract research services. It undertakes proof of concept studies in order to identify a suitable candidate. So it is still early days.

The shares rose 0.25p to 4.25p, valuing Verona at £8.76m.

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds