Medannex is an award-winning clinical-stage Scottish biopharmaceutical company committed to unlocking the therapeutic potential of targeting annexin-A1.

“MDX-124 could provide a new treatment option as a single agent or in combination with established cancer therapies, and clinical trials are now eagerly anticipated.”

Professor Daniel Palmer,
Department of Molecular &
Clinical Cancer Medicine,
University of Liverpool

Our goal is to improve the lives of people impacted by cancers and autoimmune diseases with our first-in-class therapy targeting annexin-A1.

Supported by both Scottish Enterprise and Innovate UK, Medannex is collaborating with world-leading clinical experts to explore the huge therapeutic and commercial potential of our patent-protected immunomodulatory technology.

Having completed pivotal toxicology studies and cGMP manufacturing of our lead candidate ‘MDX-124′, we recently initiated the First-in-Human clinical study, in oncology. MDX-124 is the first monoclonal antibody to target annexin-A1, a protein in the immune system that plays a key role in inflammation and the development of numerous cancers, autoimmune conditions and other diseases.

Medannex won both ‘Investment of the Year’ and ‘Outstanding Skills Development’ at Scotland’s Life Sciences Annual Awards 2021 and our Chairman, Professor Christopher Wood, was presented with the ‘Lifetime Achievement Award’.

We look forward to generating our first clinical oncology data with MDX-124.

We are currently engaging with investors regarding a Series C financing. For more information please contact

Medannex is a proud signatory of the Scottish Business Pledge, showing our commitment to building sustainable growth whilst maintaining fairness, equality, opportunity and innovation.


Meet the Team

Latest News

“Medannex has identified a novel and promising target for immunotherapy, and I am delighted to offer guidance as the company prepares for its First-in-Human study.”

Dr Stefan Symeonides,
head of Phase I Trials at the CRUK Edinburgh Centre

Collaborations & Affiliations

Medannex is proud to collaborate with leading academic researchers, play an active role within several industry associations and provide extensive skills development opportunities.