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HomeFinTechPharmAust: Completes investigations on COVID-19 infection agent

PharmAust: Completes investigations on COVID-19 infection agent

PharmAust: Completes investigations on COVID-19 infection agent

  • PharmAust (PAA) has investigated the effects of monepantel (MPL) and monepantel sulfone (MPLS) on SARS-CoV2 infection, the causal agent of COVID-19
  • The three labs investigated SARS-CoV2-induced cell death, SARS-CoV2 RNA release from the cell and SARS-CoV2 RNA infection of neighbouring cells
  • All three investigations demonstrated both monepantel (MPL) and monepantel sulfone (MPLS) protect against cell death in vitro, following infection with SARS-CoV2
  • Two laboratories also investigated the effects of MPL and MPLS on early stages of the lifecycle by examining RNA release into the culture media
  • The company was up 8.25 per cent, trading at 10.5 cents per share at 2:30 pm AEST
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