Zelda Therapeutics Provides March 2018 Quarterly Report

The Board of Zelda Therapeutics Ltd provide an operational update to accompany its Appendix 4C, released today, for the three month period to 31 March 2018.

OPERATIONAL PROGRESS

US Autism Observational Study Receives IRB Approval

The Company announced it has received approval from the Institutional Review Board (IRB) for its study of the pharmacology of cannabinoids in the treatment of paediatric autism patients, to be conducted at the USA-based Children’s Hospital of Philadelphia (CHOP).

The IRB is equivalent to Human Research Ethics Approval in Australia and the approval essentially allows the research to commence within the parameters of the approved trial protocols.

This is a potentially key milestone study in ongoing medicinal cannabis research in a clinical environment.

Establishment of US OTCQB Share Trading Facility

The Company’s ordinary shares have been approved for trading on the OTCQB Venture Market in the United States of America under the symbol “ZLDAF”. The OTCQB is a US-based trading platform operated by OTC Markets Group in New York. The OTCQB Venture Market is for early-stage and developing USA and international companies. This forms part of our ongoing strategy to introduce Zelda Therapeutics to a broader international audience and this facility will provide greater visibility, better access to the US investment community, and improved convenience of trading in Zelda’s ordinary shares.

Expansion of Pancreatic Cancer Research Programme

Subsequent to quarter end, Zelda announced it has expanded its pre-clincial pancreatic cancer research programme with Curtin University. The new research will focus on in vivo animal studies to investigate the effect of a range of Zelda’s formulations in combination with existing chemotherapy agents Abraxane and Gemcitabine. Studies will mirror current human treatment protocols to generate highly relevant data for potential future human clinical trials.


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