PriceSensitive

Rakovina Therapeutics (TSXV:RKV) partners with St. Baldrick’s Foundation

Health Care, Sponsored, The Watchlist
TSXV:RKV
16 November 2021 13:45 (EDT)

This browser does not support the video element.

Rakovina (RKV) is partnering with St. Baldrick’s Foundation to develop treatments for childhood bone cancer.

The company was selected to join a three-year C$1,297,000 research program funded by St. Baldrick’s Martha’s BEST Grant for All, which focuses on treatments for Ewing sarcoma, an aggressive bone and soft tissue cancer in children and young adults.

It will supply test compounds and support the project with technical personnel, while funding from the St. Baldrick’s Foundation will support pre-clinical IND-enabling research at the University of British Columbia over the next 12 months.

Rakovina recently presented preclinical data at peer-reviewed scientific meetings demonstrating the potential of its kt-3000 series drug candidates against treatment-resistant cancer cell lines, including Ewing sarcoma.

Dr. Mads Daugaard, Co-founder, President, and CSO sat down with Dave Jackson to discuss Rakovina’s partnership with St. Baldrick’s Foundation.

“Our data demonstrate that kt-3000 series compounds are equal or more effective against Ewing sarcoma cells in vitro in comparison to FDA-approved PARP-inhibitors, which are used as benchmarks for activity.

Currently, there are no FDA-approved treatments for relapsed Ewing sarcoma, which is largely resistant to conventional therapies as well as immunotherapy; new treatment strategies are sorely needed.”

Jeffrey Bacha, Rakovina’s Executive Chairman, added,

“Rakovina Therapeutics is pleased to be an industry partner in the St. Baldrick’s Foundation mission to support the most promising research to find cures for childhood cancers and give survivors long and healthy lives. We will seek to rapidly advance drug candidates into the clinical arena if pre-clinical IND-enabling work permits.”

Rakovina Therapeutics develops new cancer treatments based on novel DNA-damage response technologies.

Rakovina (RKV) is unchanged trading at $0.22 per share as of 10:09 am ET.

Related News