Silence Therapeutics appoints Chief Medical Officer, shares rise

Silence Therapeutics has unveiled Michael Khan as the company's new Chief Medical Officer.

Silence Therapeutics has unveiled Michael Khan as the company's new Chief Medical Officer.

He will oversee the phase II study on ATU027 for cancer and aid in the expansion of the private biotechnology company's clinical pipelines in oncology and acute lung injury.

Khan is a consultant endocrinologist at University Hospitals of Coventry and Warwickshire. He is also an associate professor of medicine at the University of Warwick.

Last September he became a director and chief medical adviser at Silence Therapeutics, which develops systematic RNA interference therapeutics for the treatment of cancer and other diseases.

"These are very exciting times for Silence Therapeutics, with one oncology drug advancing to phase II," he said in a statement.

"Moreover, with a range of new indications in the pipeline, I am really happy to be a part of this dynamic new enterprise."

Ali Mortazavi, director of Corporate Strategy, added: "I'm delighted Mike has decided to devote more time to us. Next year will be pivotal for Silence after so many years spent preparing for phase II trials."

Shares jumped 9.71% to 4.80p at 12:39 Wednesday.

RD

Recommended

Three top-notch Asian stocks to buy
Share tips

Three top-notch Asian stocks to buy

Professional investors Adrian Lim and Pruksa Iamthongthong, managers of the Asia Dragon Trust, pick three of their favourite Asian stocks to buy now.
23 Sep 2022
Why you should short this satellite broadband company
Trading

Why you should short this satellite broadband company

With an ill-considered business plan, satellite broadband company AST SpaceMobile is doomed to failure, says Matthew Partridge. Here's how to short th…
23 Sep 2022
Share tips of the week – 23 September
Share tips

Share tips of the week – 23 September

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
23 Sep 2022
Momentum investing – and why price matters more than anything else
Investment strategy

Momentum investing – and why price matters more than anything else

The recent fashion for momentum investing, with investors piling into expensive growth stocks, is nothing new, says Merryn Somerset Webb. And the dang…
21 Sep 2022

Most Popular

Beating inflation takes more luck than skill – but are we about to get lucky?
Inflation

Beating inflation takes more luck than skill – but are we about to get lucky?

The US Federal Reserve managed to beat inflation in the 1980s. But much of that was down to pure luck. Thankfully, says Merryn Somerset Webb, the Bank…
26 Sep 2022
Earn 4.1% from the best savings accounts
Savings

Earn 4.1% from the best savings accounts

With inflation topping 10%, your savings won't keep pace with the rising cost of living. But you can at least slow the rate at which your money is los…
27 Sep 2022
The pick of this year's best-performing investment trusts
Investment trusts

The pick of this year's best-performing investment trusts

Market conditions haven’t been easy, but these investment trusts have delivered strong growth, says David Stevenson.
23 Sep 2022