Allergy Therapeutics (AGY)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

 2.88p
   
  • Change Today:
      0.000p
  • 52 Week High: 6.25
  • 52 Week Low: 0.88
  • Currency: UK Pounds
  • Shares Issued: 4,766.44m
  • Volume: 320,409
  • Market Cap: £137.04m
  • RiskGrade: 268

Allergy Therapeutics flags positive outcomes from recent treatment trial

By Josh White

Date: Monday 20 May 2019

LONDON (ShareCast) - (Sharecast News) - Biotechnology company Allergy Therapeutics announced positive Phase 1 safety and tolerability results of subcutaneous \'Acarovac MPL\' (monophosphoryl lipid A) in patients with house dust mite-induced allergic rhinoconjunctivitis on Monday.
The AIM-traded firm said the AM101 trial was an open-label study to assess the safety and tolerability of Acarovac MPL in 16 adult patients with house dust mite-mediated allergic rhinoconjunctivitis.

It said the primary endpoint was the safety and tolerability of seven injections of Acarovac MPL administered over six to 12 weeks, each one or two weeks apart.

The formulation was said to have been \"well-tolerated\", with the safety profile described as \"satisfactory\" and the reported adverse events consistent with what had been observed with similar formulations of allergy vaccines.

Secondary endpoints included the effect of treatment on response to nasal provocation test, immunological parameters including immunoglobulins, and patient satisfaction with the treatment.

A \"significant\" improvement from baseline in patients\' total symptom scores following the nasal provocation test after 12 weeks, and \"significant\" increases in immunoglobulin markers and reduction in IL-4, were observed.

Patients reported high satisfaction with their treatment measured via the ESPIA questionnaire, the board added.

\"The success of our clinical trial in house dust mite-induced allergic rhinitis is encouraging news for the many patients who continue to suffer with the symptoms caused by house dust mite allergy, and supports our ambition to provide a global therapy for the important US, China and EU markets,\" said Allergy Therapeutics chief executive officer Manuel Llobet.

\"Based on the unique triple-combination of our allergoids, and the adjuvant system MPL and MCT we believe Acarovac MPL could build on our success in dust mite immunotherapy and we look forward to progressing towards phase II clinical studies.\"

The company described Acarovac MPL as a subcutaneous immunotherapy product containing dermatophagoides pteronyssinus and dermatophagoides farinae allergoids, adsorbed to the adjuvant system comprised of \'MCT\' (microcrystalline tyrosine) and MPL.

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AGY Market Data

Currency UK Pounds
Share Price 2.88p
Change Today 0.000p
% Change 0.00 %
52 Week High 6.25
52 Week Low 0.88
Volume 320,409
Shares Issued 4,766.44m
Market Cap £137.04m
RiskGrade 268

AGY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.03% below the market average19.03% below the market average19.03% below the market average19.03% below the market average19.03% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Price Trend
33.29% below the market average33.29% below the market average33.29% below the market average33.29% below the market average33.29% below the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Income Not Available
Growth
84.08% below the market average84.08% below the market average84.08% below the market average84.08% below the market average84.08% below the market average
82.86% below the sector average82.86% below the sector average82.86% below the sector average82.86% below the sector average82.86% below the sector average

AGY Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
14:48 6,535 @ 2.99p
14:00 1,890 @ 3.00p
14:00 1,890 @ 3.00p
13:18 150,000 @ 3.00p
11:00 56,651 @ 3.00p

AGY Key Personnel

CEO Manuel Llobet

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