MTP - Midatech reaches a four-month high as webinar highlights Q-Sphera platform

sefa ozel/E+ via Getty Images The nano-cap biotech company, Midatech Pharma ([[MTP]] +35.8%) looks set to record its biggest one-day gain in more than four months and reach the highest level since February, as the company highlighted a pivotal moment in its operations. In a webinar conducted today following an update on its pipeline Sam Barker, a director of the company noted, “This really is our Watson and crick moment,” referring to the company’s Q-Sphera platform. It can “release drug over predictable, sustained periods from one week to several months,” according to the company. Following a strategic review last year, the company studied potential applications of the platform including “the encapsulation of biologics, in particular, monoclonal antibodies for controlled release,” Barker said. “We are not seeking to change the product's approved indication,” according to Stephen Stamp the CEO of U.K.-based biotech who said that the company aims to improve the “delivery

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Midatech reaches a four-month high as webinar highlights Q-Sphera platform