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 screens first patients in grass pollen study

By Josh White

Date: Monday 26 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Commercial biotechnology company Allergy Therapeutics announced the screening of the first patient in its exploratory field study 'G309', to evaluate the efficacy and safety of 'Grass MATA MPL' in subjects with seasonal allergic rhinitis or rhinoconjunctivitis induced by grass pollen exposure.
The AIM-traded firm described Grass MATA MPL as a short course, aluminium-free allergen-specific immunotherapy that aims to address the cause of symptoms of allergic rhinoconjunctivitis due to grass pollen.

It said the double-blind, placebo controlled randomised study would run for one year, and involve around 150 patients over 12 sites across Germany and the United States.

The primary objective of the study was to evaluate the safety and efficacy of the optimised phase 3 dose of 27,600 SU Grass MATA MPL on grass pollen-induced rhinoconjunctivitis.

Allergy said the primary endpoint was the combined symptom medication score (CSMS) averaged over the peak grass pollen season.

Results from the study would provide valuable information in preparation of the pivotal phase 3 study, 'G306'.

The group, which has mitigation strategies in place to ensure the Grass MATA MPL clinical development programme would continue despite the Covid-19 situation, expected results from the field study in the second half of 2021.

"This exploratory grass trial will drive study design innovation in the allergy field and is an important intermediate step for the optimisation of our upcoming pivotal phase 3 grass field trial, which will maximise the chances of success and entry into the US market," said chief executive officer Manuel Llobet.

"Parts of this protocol are ground-breaking and have the potential to significantly enhance science in this area."

At 1334 GMT, shares in Allergy Therapeutics were down 0.64% at 13.29p.

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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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