Synairgen (SNG)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

6.62p
   
  • Change Today:
      0.76p
  • 52 Week High: 9.80p
  • 52 Week Low: 4.88p
  • Currency: UK Pounds
  • Shares Issued: 201.37m
  • Volume: 273,491
  • Market Cap: £13.33m
  • RiskGrade: 510

Synairgen treatment reduces risk of 'severe' Covid-19 by 79%

By Alexander Bueso

Date: Monday 20 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Synairgen's Covid-19 treatment sharply reduced the risk of patients developing severe forms of the illness provoked by the novel coronavirus, clinical trials showed.
The company said that SNG001, an inhaled formulation of interferon beta-1, reduced the risk of becoming severely ill by 79% and that those administered the treatment were more than twice as likely to recover from Covid-19

Commenting on the news, Richard Marsden, the company's boss, said the trial results could mark a "major breakthrough" in the treatment of hospitalised patients, reducing the risk that they might pass from requiring oxygen support to needing a ventilator.

SNG001 was also shown to significantly reduce breathlessness and to more than double the chances of recovery to the point that infected patients ability to conduct everyday activities was not compromised.

A total of 220 patients took part in the double-blind placebo controlled trial, including 101 located in 9 specialist hospital sites across the UK with the remainder treated in a home setting.

The study was conducted between 30 March and 27 May.

Both those who received SNG001 and those given a placebo were approximately 57 years old on average with comorbidities and had exhibited Covid-19 symptoms for just under 10 days before being dosed or given the placebo.

Three of the patients on the placebo died but all of those treated with SNG001 survived.

Synairgen added that no evidence was found of a link between the positive effects of SNG001 and the "prior duration of COVID-19 symptoms".



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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 6.62p
Change Today 0.76p
% Change 12.97 %
52 Week High 9.80p
52 Week Low 4.88p
Volume 273,491
Shares Issued 201.37m
Market Cap £13.33m
RiskGrade 510

Synairgen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.10% above the market average59.10% above the market average59.10% above the market average59.10% above the market average59.10% 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
52.63% below the market average52.63% below the market average52.63% below the market average52.63% below the market average52.63% below the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above 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
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Synairgen Dividends

No dividends found

Trades for 10-May-2024

Time Volume / Share Price
16:29 2,308 @ 6.93p
16:27 43,593 @ 6.86p
15:50 38,000 @ 6.50p
15:50 8,000 @ 6.50p
15:50 30,000 @ 6.50p

Synairgen Key Personnel

CEO Richard J Marsden

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