Synairgen (SNG)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 6.40p
   
  • Change Today:
      0.000p
  • 52 Week High: 12.00
  • 52 Week Low: 4.88
  • Currency: UK Pounds
  • Shares Issued: 201.37m
  • Volume: 3,000
  • Market Cap: £12.89m
  • RiskGrade: 510

Synairgen expands Covid-19 trial nationwide

By Abigail Townsend

Date: Thursday 18 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Synairgen is to expand trials of a potential treatment for Covid-19 nationally, the respiratory drug specialist said on Thursday.
The AIM-listed company has been carrying out a placebo-controlled, home-setting clinical trial of an inhaled drug known as SNG001 in Southampton, but has now expanded it to include patients across the majority of the UK.

The decision was made after it emerged that most eligible patients lived too far away from Synairgen's virus-testing laboratory. It has therefore amended the trial protocols to allow patients from elsewhere in the country to join, as long as they have a positive test result for Covid-19 from another laboratory.

Richard Marsden, chief executive, said: "Not only does the home-setting trial design allow us to test the drug much earlier in the illness, possibly preventing the worsening of symptoms, but it also reduces the infection risk for both patients and front-line workers due to its virtual format.

"Synairgen's trial design, and its expansion nationally, lends itself to recruit additional patients more easily, particularly in the event of a second wave of this disease. In the meantime, we are on track to report the results of the 100 patients who have been successfully treated in the hospital setting in July."

Volunteers on the home-setting trial will have daily video calls with a doctor or nurse to supervise dosing and to assess trial endpoints.

As at 1200 BST, shares in Synairgen were trading 3% higher at 40.23p.

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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 6.40p
Change Today 0.000p
% Change 0.00 %
52 Week High 12.00
52 Week Low 4.88
Volume 3,000
Shares Issued 201.37m
Market Cap £12.89m
RiskGrade 510

Synairgen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.55% above the market average60.55% above the market average60.55% above the market average60.55% above the market average60.55% above the market average
73.58% above the sector average73.58% above the sector average73.58% above the sector average73.58% above the sector average73.58% above the sector average
Price Trend
72.25% below the market average72.25% below the market average72.25% below the market average72.25% below the market average72.25% below the market average
5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average5.26% below the sector average
Income Not Available
Growth Not Available

Synairgen Dividends

No dividends found

Trades for 25-Apr-2024

Time Volume / Share Price
08:05 3,000 @ 6.69p

Synairgen Key Personnel

CEO Richard J Marsden

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