Scancell to Bolster Cash by $10M, Advance Moditope Work

LONDON – Cancer immunotherapy specialist Scancell Holdings plc is looking to raise £6.5 million (US$9.7 million) in a placing and open offer, allowing it to expand an ongoing Phase I/II trial of its lead Immunobody product, SCIB1, and to commence preclinical development of a second cancer vaccine platform, Moditope.