Synairgen (SNG)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

6.79p
   
  • Change Today:
      0.050p
  • 52 Week High: 9.80
  • 52 Week Low: 4.88
  • Currency: UK Pounds
  • Shares Issued: 201.37m
  • Volume: 477,661
  • Market Cap: £13.67m
  • RiskGrade: 510

Synairgen no wheeze as asthma drug trial boosts shares

Date: Thursday 19 Apr 2012

LONDON (ShareCast) - Southampton based research firm, Synairgen, has rocketed in morning trading after announcing results for a treatment which could protect asthmatics from respiratory virus infections.

The drug, called SNG001, stops infections like the common cold spreading to patients’ lungs, which is often the cause of hospital admissions for asthma sufferers.

The study investigated SNG001 in a population of 134 adult asthma patients, representing 'mild-moderate' through to 'severe' asthmatics, who caught a cold.

Patients with 'difficult to treat' asthma, being approximately half of the patients in the trial, benefitted significantly from SNG001 treatment. This category of patient is estimated to represent between 10% and 20% of all adult asthma sufferers.

Professor Stephen Holgate, the founder of Synairgen, said: “This is the first clinical study which appears to demonstrate that, by boosting the antiviral defences of the lungs of asthmatics...we can...prevent worsening of asthma symptoms in a high risk group of patients.”

He’ll certainly have been breathing easily after looking at his firm’s share price this morning, the stock had gained 27.6% by 10:59.

BS

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Synairgen Market Data

Currency UK Pounds
Share Price 6.79p
Change Today 0.050p
% Change 0.74 %
52 Week High 9.80
52 Week Low 4.88
Volume 477,661
Shares Issued 201.37m
Market Cap £13.67m
RiskGrade 510

Synairgen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.03% above the market average59.03% above the market average59.03% above the market average59.03% above the market average59.03% above the market average
68.63% above the sector average68.63% above the sector average68.63% above the sector average68.63% above the sector average68.63% above the sector average
Price Trend
68.66% below the market average68.66% below the market average68.66% below the market average68.66% below the market average68.66% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Synairgen Dividends

No dividends found

Trades for 05-Jun-2024

Time Volume / Share Price
16:25 118,086 @ 6.90p
16:21 29,535 @ 6.50p
16:21 20,000 @ 6.54p
16:16 465 @ 6.50p
16:16 2,185 @ 6.52p

Synairgen Key Personnel

CEO Richard J Marsden

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