US infectious ailments agency BARDA is supporting to fund the trial with a grant value up to $72.5mln.
(NASDAQ:SMMT) explained it had recruited 252 clients into its stage III trial for its c-difficile (CDI) therapy at the close of March, while the coronavirus outbreak has slowed enrolment.
The Ri-CoDIFy clinical trials are testing the superiority of Summit’s drug Ridinilazole about the latest common of treatment, Vancomycin, but simply because of the uncertainty surrounding the coronavirus outbreak, it has withdrawn the timeline for its completion.
Summit added that in the light of the coronavirus pandemic, workforce are currently performing remotely with its personal laboratory amenities quickly closed.
US infectious ailments agency BARDA is supporting to fund the trial with a grant value up to $72.5mln.
Losses for the eleven months to December have been £22mln although the company had funds of £48.4mln at the close of the yr.
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