RedHill Says Its Oral Antivirals, Opaganib And RHB-107, Inhibit Dominant Omicron Sub-Variant BA.5

RTTNews | Pred 938 dňami
RedHill Says Its Oral Antivirals, Opaganib And RHB-107, Inhibit Dominant Omicron Sub-Variant BA.5

(RTTNews) - Specialty biopharmaceutical company RedHill Biopharma Ltd. (RDHL) announced Monday the study results showing in vitro efficacy against the currently dominant Omicron COVID-19 sub-variant BA.5, by both of RedHill's novel, oral, host-directed and broad-acting investigational antivirals, once-daily RHB-107 (upamostat) and twice-daily opaganib.

These results build on previously reported data on the inhibition of COVID-19, variants of concern and other viruses, and further support their broad-acting, host-directed mechanisms of action.

The company tested RHB-107 and opaganib using a primary human nasal epithelial cell culture model of Omicron BA.5, which was specifically selected due to the high level of SARS-CoV-2 entry factor expression in these cells. The results show that both RHB-107 and opaganib inhibit Omicron sub-variant BA.5 viral replication, which is indicative of antiviral activity.

The development of both opaganib for hospitalized patients and RHB-107 for non-hospitalized patients is ongoing, including ongoing and planned pandemic preparedness research collaborations with US governmental agencies, pivotal Phase 3 trial design and regulatory clearances, and securing of external non-dilutive funding.

read more
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.
RTTNews | Pred 14 minútami
FTSE Up Marginally In Cautious Trade

FTSE Up Marginally In Cautious Trade

The U.K. market is marginally up at noon on Monday with investors making some selective purchases ahead of a slew of corporate earnings announcements and some crucial economic data this week. Optimism about U.S. and China striking a trade deal sometime soon is also contributing to the positive mood in the market.
RTTNews | Pred 39 minútami
CAC 40 Notably Higher; Airbus Rises Nearly 2.5%

CAC 40 Notably Higher; Airbus Rises Nearly 2.5%

French stocks are gaining ground in positive territory on Monday with investors indulging in some brisk buying at several counters ahead of key earnings updates and some crucial economic data from the U.S. and Europe due this week.
RTTNews | Pred 1 h 14 min
DAX Rises Nearly 1% As Investors Await Corporate Earnings Updates

DAX Rises Nearly 1% As Investors Await Corporate Earnings Updates

The German market is up firmly in positive territory on Monday as investors pick up stocks ahead of a slew of earnings announcements, and some crucial economic data due this week. Optimism about an improvement in U.S.-China trade relations also appears to be supporting the market.
RTTNews | Pred 1 h 45 min
European Shares Edge Higher In Cautious Trade

European Shares Edge Higher In Cautious Trade

European stocks traded higher on Monday as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results.
RTTNews | Pred 2 h 44 min
European Shares Seen Opening Up In Cautious Trade

European Shares Seen Opening Up In Cautious Trade

European stocks are likely to open on a steady note Monday after U.S. stocks posted their longest advance in three months on Friday amid signs of easing trade tensions and bets the Federal Reserve will cut interest rates as early as June, as the American economy softens.
RTTNews | Pred 6 h 8 min