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 to take 'stepwise approach' to upcoming grass study

By Josh White

Date: Tuesday 26 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Commercial biotechnology company Allergy Therapeutics updated the market on its grass MATA MPL phase 3 study, due to start in autumn 2020, on Tuesday, reporting that following further investigation of the phase 3 birch MATA MPL study, the upcoming grass study would now take a 'stepwise approach'.
The AIM-traded firm said two stages, covering both the 2020-2021 and 2021-2022 pollen seasons, would take place, rather than the single large trial originally planned for the 2020-2021 season.

It said that approach had been designed with input from allergy experts, and would enable a phase 3-scale study to begin in the 2020-2021 season, followed by an interim review to gain insights into the trial, before continuing to the second part of the study.

Results from the group's successful G205 phase 2 clinical study, which completed in 2018, evaluating the dose to be taken into phase 3, were recently published in the World Allergy Organisation Journal, the company noted.

The paper 'Strong dose response after immunotherapy with PQ grass using conjunctival provocation testing' reported that the immunotherapy demonstrated a highly statistically significant monotonic dose response for all pre-specified models, which enabled the group to acquire agreement from regulatory authorities in Europe and the United States on a target dose for the phase 3 clinical programme.

"The planning for our grass MATA MPL phase III study is now completed and we look forward to starting this important trial," said chief executive officer Manuel Llobet.

At 1229 GMT, shares in Allergy Therapeutics were down 0.94% at 10.5p.

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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 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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