Shield Therapeutics - Notice of Results
Released
Released
Announcement PDF
RNS Number : 0843U
Shield Therapeutics PLC
27 March 2019
Shield Therapeutics plc
("Shield" or the "Group")
Notice of results
Analyst and investor briefings
London, UK, 27 March 2019: Shield Therapeutics plc (LSE: STX), a commercial stage
pharmaceutical company with a focus on addressing iron deficiency with or without
anaemia via its lead product Feraccru®, will be announcing its final results for the
financial year ended 31 December 2018 on Wednesday 3 April 2019.
Analyst briefing
A briefing for analysts will take place at 9.30am on Wednesday 3 April 2019 at the offices
of Walbrook PR, 4 Lombard Street, London, EC3V 9HD. If you would like to register,
please contact Walbrook PR on 020 7933 8780 or email shield@walbrookpr.com
Investor briefing
A briefing for investors will take place on Monday 8 April 2019 at Copper Bar, Balls
Brothers, 6 Adams Court, Old Broad Street, London, EC2N 1DX from 4.30pm for a
4.45pm start and will be followed by refreshments. If you would like to register, please
contact Walbrook PR on 020 7933 8780 or email shield@walbrookpr.com
- Ends For further information please contact:
Shield Therapeutics plc
Carl Sterritt, Chief Executive Officer
Tim Watts, Chief Financial Officer
www.shieldtherapeutics.com
+44 (0)20 7186 8500
Nominated Advisor and Joint Broker
Liberum Capital Limited
Christopher Britton/Steve Pearce
+44 (0)20 3100 2222
Joint Broker
Peel Hunt LLP
James Steel/Dr Christopher Golden
Financial PR & IR Advisor
+44 (0)20 7418 8900
Walbrook PR
Paul McManus / Helen Cresswell
+44 (0)20 7933 8780
or shield@walbrookpr.com
+44 (0)7980 541 893 / +44 (0)7841 917 679
About Shield Therapeutics plc
Shield is a de-risked, commercial stage, pharmaceutical company delivering innovative
specialty pharmaceuticals to address patients' unmet medical needs. The Company's
clear purpose is to help its patients become people again, by enabling them to enjoy the
things that make the difference in their everyday lives. The Group has a marketed
product, Feraccru®, for the treatment of iron deficiency in adults which has exclusive IP
rights until the mid-2030s. Feraccru® is commercialised in the European Union by
Norgine BV and the US Food and Drug Administration (FDA) is currently considering a
New Drug Application (NDA), with a PDUFA (Prescription Drug User Fee Act) date of 27 th
July 2019. For more information please visit www.shieldtherapeutics.com.
About Feraccru®
Feraccru® is a novel, stable, non-salt based oral treatment for adults with iron deficiency
with or without anaemia that has been shown to be an efficacious and well-tolerated
therapy in a range of controlled phase 3 trials. Following the recently announced[1]
positive results of the Phase IIIb AEGIS-H2H study in which Feraccru® demonstrated it
was non-inferior to intravenously-administered Ferinject® at delivering improvements in
haemoglobin levels without requiring hospital-based administration, Feraccru® offers a
compelling alternative to IV Iron for those patients that cannot tolerate salt-based oral
iron therapies and wish to avoid the complexities of infusion-based therapies.
When salt-based oral iron therapies are ingested they can cause a range of mild-tosevere gastrointestinal tract (GI) adverse events, including nausea, bloating and
constipation. These lead to poor tolerability, reduced patient compliance and ultimately
treatment failure. Feraccru® is not an iron salt, iron can be absorbed from the ferric
maltol molecule and, as a result, it does not routinely cause the same treatment-limiting
intolerance issues.
Prior to Feraccru®, IV iron therapies were the only realistic alternative treatment option
for patients intolerant of or unwilling to take salt-based oral iron therapies. However,
use of such an invasive, costly, inconvenient and complex to administer treatment
option, which is associated with potentially life-threatening and spontaneous
hypersensitivity reactions, means there remains a clear unmet medical need for patients
with iron deficiency with or without anaemia to have access to an effective therapy like
Feraccru® that is well tolerated, convenient and does not require hospital-based
administration.
Feraccru® is approved and marketed in the European Union for the treatment of iron
deficiency with or without anaemia in adults and in Switzerland for the treatment of iron
deficiency anaemia in adults with IBD.
About Iron Deficiency
The WHO state that ID is the most common and widespread nutritional disorder in the
world. As well as affecting a large number of children and women in non-industrialized
countries, it is the only nutrient deficiency which is also significantly prevalent in virtually
all industrialized nations. There are no current global figures for ID, but using anaemia as
an indirect indicator it can be estimated that most preschool children and pregnant
women in non-industrialized countries, and at least 30-40% in industrialized countries,
are iron deficient.
Forward-Looking Statements
This press release contains forward-looking statements. All statements contained in this press
release that do not relate to matters of historical fact should be considered forward-looking
statements.
These forward-looking statements are based on management's current
expectations and include statements related to the timing of future results of Feraccru trials
and the timing and success of the Group's regulatory plans and commercial strategy for
Feraccru. These statements are neither promises nor guarantees, but involve known and
unknown risks and uncertainties, many of which are beyond our control, that may cause
actual results, performance or achievements to be materially different from management's
expectations expressed or implied by the forward-looking statements, including, but not
limited to, risks associated with the regulatory approval process, the Group's business and
results of operations, competition and other market factors. The forward-looking statements
made in this press release represent management's expectations as of the date of this press
release, and except as required by law, the Group disclaims any obligation to update any
forward-looking statements contained in this release, even if subsequent events cause our
views to change.
[1] https://www.shieldtherapeutics.com/rns_news/positive-results-for-feraccru-in-aegis-h2h-study/
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the
Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions
relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com or visit www.rns.com.
END
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