Recce (ASX:RCE)'s unapproved drug proves successful treatment for life-threatening illness

Company News

by Michael Luu

Superbug and viral pathogen treatment developer Recce Pharmacetical (ASX:RCE)’s unapproved drug R327 has successfully saved a patient suffering a life-threatening illness.

Despite not undertaking clinical trials, nasal treatment R327 was accessible to the individual via Category A of the Therapeutic Goods Administration special access scheme. Recce (ASX:RCE) intends to proceed with clinical trials for the product.

The news has shot Recce’s shares up 5.1 per cent to $1.03