Statement re Share Price Movement

ValiRx PLC

06 October 2023

 

6 October 2023

ValiRx PLC ("ValiRx" or the "Company")

Statement re Share Price Movement

London, UK - ValiRx Plc (AIM: VAL), a life science company focusing on early-stage cancer therapeutics and women's health, notes the recent increase in the Company's share price and confirms that it is not in possession of unpublished price sensitive information.

The Company notes the announcement published by EUDA Health Holdings Limited in relation to its proposed merger with TheoremRx Inc. The announcement can be viewed in full at the link below:

https://www.globenewswire.com/news-release/2023/10/05/2755433/0/en/EUDA-Health-Holdings-Limited-Enters-into-Letter-of-Intent-for-Proposed-Merger-with-TheoremRx-Inc.html

As initially announced on 2 November 2021, VAL201, the Company's clinical asset for prostate cancer, remains subject to the Letter of Intent with TheoremRx Inc.

The Directors of the Company take responsibility for this announcement.

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For more information, please contact:

ValiRx plc Dr Suzanne Dilly, CEO	Tel: [phone] www.valirx.com [e-mail]
V Formation (Public Relations) Lucy Wharton - Senior PR Executive Sue Carr - Director	[phone] www.vformation.biz [e-mail] [e-mail]
Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray/ Ludovico Lazzaretti	Tel: [phone]
Cavendish Securities plc (Joint Broker) Dale Bellis/Michael Johnson (Sales) Callum Davidson/Giles Balleny (Corporate Finance)	Tel: [phone]
Turner Pope Investments (Joint Broker) James Pope / Andy Thacker	Tel: [phone]

Notes for Editors

About ValiRx

ValiRx is a life science company focused on early-stage cancer therapeutics and women's health, accelerating the translation of innovative science into impactful medicines to improve patient lives.

ValiRx provides the scientific, financial, and commercial framework for enabling rapid translation of innovative science into clinical development.

Using its extensive and proven experience in research and drug development, the team at ValiRx selects and incubates promising novel drug candidates and guides them through an optimised process of development, from pre-clinical studies to clinic and investor-ready assets.

ValiRx connects diverse disciplines across scientific, technical, and commercial domains, with the aim of achieving a more streamlined, less costly, drug development process. The team works closely with carefully selected collaborators and leverages the combined expertise required for science to advance.

Lead candidates from ValiRx's portfolio are outlicensed or partnered with investors through ValiRx subsidiary companies for further clinical development and commercialisation. 

ValiRx listed on the AIM Market of the London Stock Exchange in October 2006 and trades under the ticker symbol: VAL.

For further information, visit: www.valirx.com

 

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