Report
Franc Gregori ...
  • Lala Gregorek

Trinity Delta Lighthouse: Scancell

Trinity Delta view: Scancell’s balance sheet was transformed during 2020, with the funds now in place to progress its three promising technology platforms. Management has ambitious plans to advance its leading programmes through the early clinical phases, and to develop the next wave of follow-on assets. Although the second generation COVIDITY vaccine is attracting the headlines, it is the potential of the ImmunoBody and Moditope oncology indications that underpin Scancell’s long term potential. The infrastructure to realise this is being put in place. Our valuation, based on conservative assumptions, is £144m, equivalent to 17.7p/share (14.6p fully diluted).
Underlying
Scancell Holdings

Scancell Holdings is engaged in the discovery and development of novel vaccines for the treatment of cancer based on its proprietary immuno-oncology platforms, ImmunoBody®, and Moditope®. Co.'s ImmunoBody® consist of SCIB1 melanoma vaccine, and SCIB2 lung cancer vaccine. Co. has a collaboration partnership to evaluate the use of its SCIB2 to treat non-small cell lung cancer. Co.'s Moditope® technology is a vaccine platform that targets neo-epitopes to overcome immune suppression induced by tumour cells. Co.'s Moditope® product, Modi-1 consists of two citrullinated vimentin peptides and one citrullinated enolase peptide for the treatment of breast cancer, ovarian cancer and sarcoma.

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Trinity Delta
Trinity Delta

We are experienced healthcare and life sciences analysts providing the highest quality service to companies in these sectors and to investors. We have expertise in the fields of the biotech, medtech , specialty pharma and consumer health sectors.

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Analysts
Franc Gregori

Lala Gregorek

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