Mo Khan of hVIVO discusses their £13.6m contract with US-based biopharmaceutical client
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Mo Khan, Chief Executive Officer of discusses their £13.6m contract with a US-based biopharmaceutical client to test its RSV antiviral candidate, using hVIVO's established RSV Human Challenge Study Model.
Highlights
The Phase 2a double-blinded placebo-controlled human challenge trial will take place at the Company's specialist quarantine facilities in Whitechapel and will evaluate the efficacy profile of the antiviral against RSV infection. The study is expected to commence in Q3/Q4 2023, with the revenue being recognised in 2023 and 2024. As part of the study, hVIVO will recruit healthy volunteers via the Company's dedicated volunteer recruitment arm, FluCamp.
This contract highlights hVIVO's world leading expertise in its field and its ability to execute sizable contracts as well as the industry's renewed focus on developing new treatments for RSV. The Company continues to see growing demand for larger challenge studies from both new and existing clients as they seek greater clarity of data and pursue lower frequency endpoints in an effort to further de-risk their programmes ahead of later stage field studies.
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