Zelda Therapeutics Ltd Boost from positive pre-clinical research results
Boost from positive pre-clinical research results: Zelda Therapeutics Ltd (ASX: ZLD) surged 48% on June 02, 2017 at the back of positive results obtained from its ongoing pre-clinical research on use of cannabinoids as anti-cancer agents. The latest results reinforce the initial proof of concept results announced in November 2016; and have expanded the number of cancer cell lines being tested to include Hormone Receptor Positive (ER+/PR+) (treated with surgery and chemotherapy agents), HER2+ (typically treated with antibody drugs), and Triple Negative (aggressive form of breast cancer with limited treatment options). Particularly, Zelda THC-rich formulation is seen to have greater anti-cancer effect than pure synthetic THC and this has indicated that full extracts have greater efficacy than pure compounds.
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