Allergy Therapeutics (AGY)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

3.25p
   
  • Change Today:
    -0.100p
  • 52 Week High: 6.25p
  • 52 Week Low: 0.88p
  • Currency: UK Pounds
  • Shares Issued: 4,766.44m
  • Volume: 591,351
  • Market Cap: £154.91m
  • RiskGrade: 268

New broad patent strengthens Allergy Therapeutics portfolio

By Josh White

Date: Wednesday 02 Nov 2016

LONDON (ShareCast) - (ShareCast News) - Vaccine-focused pharmaceutical company Allergy Therapeutics announced on Wednesday that the European Patent Office has granted a broad technology patent relating to the its unique microcrystalline tyrosine depot adjuvant manufacturing process.
The AIM-traded firm said the patent covers the novel manufacture and physiochemical characteristics of MCT in combination with one or more antigens, further strengthening the its core intellectual property.

It added that the granting of the patent also strengthens its wholly-owned subsidiary Bencard Adjuvant Systems, which specialises in developing and optimising aluminium-free adjuvants for infectious diseases.

Recent data has shown how MCT has a synergistic effect when coupled with another adjuvant from BAS's portfolio, 'virus-like particles', to create the adjuvant system AdSys-VcT, it said.

As the company announced recently, the adjuvant system demonstrated protective efficacy in a malaria model in a study performed in collaboration with the University of Oxford.

"We are pleased to expand this key patent and are excited by the potential for MCT as a core technology within our adjuvant portfolio to create novel and efficacious vaccines, both in allergies and also in infectious disease areas such as malaria and influenza," said CEO Manuel Llobet.

"This further underpins the future pipeline for products, and the long term success of Allergy Therapeutics to continue innovating and producing novel medicines."

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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.

 

AGY Market Data

Currency UK Pounds
Share Price 3.25p
Change Today -0.100p
% Change -2.99 %
52 Week High 6.25p
52 Week Low 0.88p
Volume 591,351
Shares Issued 4,766.44m
Market Cap £154.91m
RiskGrade 268

AGY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.39% below the market average18.39% below the market average18.39% below the market average18.39% below the market average18.39% below the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Price Trend
32.48% below the market average32.48% below the market average32.48% below the market average32.48% below the market average32.48% below the market average
3.7% below the sector average3.7% below the sector average3.7% below the sector average3.7% below the sector average3.7% below the sector average
Income Not Available
Growth
84.14% below the market average84.14% below the market average84.14% below the market average84.14% below the market average84.14% below the market average
82.35% below the sector average82.35% below the sector average82.35% below the sector average82.35% below the sector average82.35% below the sector average

AGY Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:26 34,261 @ 3.21p
15:58 29,969 @ 3.31p
14:00 5,000 @ 3.25p
14:00 5,000 @ 3.25p
13:04 49,000 @ 3.40p

AGY Key Personnel

CEO Manuel Llobet

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