NetScientific invests in PDS Biotechnology
UK-based life sciences investor NetScientific (AIM: NSCI) has made an undisclosed investment in privately-held US biotech firm PDS Biotechnology Corp.
PDS is a clinical stage immunotherapy company developing a next-generation of simpler, safer and more effective immunotherapies for cancer and infectious disease. Its novel synthetic nanoparticle platform technology developed by PDS, Versamune, activates multiple immunological mechanisms which direct the targeting of cancer and infectious disease by the immune system.
The company’s lead product, PDS0101, is in Phase I clinical trials in the USA for HPV-related cancers. PDS has licensed the Versamune technology to Merck KGaA for use in two early stage cancer immunotherapy programmes. The company also has ongoing preclinical programs for other cancers as well as pandemic influenza.
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