Alliance Pharma (APH)

Sector:

Pharma and Biotech

Index:

FTSE AIM 50

34.95p
   
  • Change Today:
      0.050p
  • 52 Week High: 71.80p
  • 52 Week Low: 34.05p
  • Currency: UK Pounds
  • Shares Issued: 540.40m
  • Volume: 237,540
  • Market Cap: £188.87m
  • RiskGrade: 119

Alliance Pharma's morning sickness treatment gains UK marketing approval

By Duncan Ferris

Date: Friday 06 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Alliance Pharma on Friday received approval from the medicines and healthcare products regulatory agency for a UK marketing authorisation application for the company's morning sickness treatment.
The AIM-traded specialty pharmaceutical company said Diclectin will be marketed under the brand name 'Xonvea', following approval from the MHRA, when the product is launched in the UK in autumn.

Peter Butterfield, chief executive of Alliance Pharma's, said: "There are currently no licensed treatments for nausea and vomiting of pregnancy in the UK so this is excellent news for patients and clinicians as it fulfils a significant unmet medical need."

Alliance Pharma estimates peak sales for Xonvea in the UK of approximately £10m and £30m across the other nine European countries at peak sales.

40% of pregnant women report symptoms of nausea and vomiting while a total of 33,000 are hospitalised with the problem each year, according to NHS data.

Éric Gervais, executive vice-president of Duchesnay, said: "Pregnant women across the UK will now have access to an effective treatment for morning sickness with a proven safety profile. Alliance Pharma's focus and drive will ensure that this needed medication, used to date by more than 30m women worldwide, will provide pregnant women in the UK with a licensed treatment option."

The treatment was in-licensed from Duchesnay of Canada for the UK in 2015 and for Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Republic of Ireland and Switzerland in 2016.

As such, the company is also understood to be preparing applications to ensure the product's availability in continental Europe.

As of 0914 BST, Alliance Pharma's shares were up 1.22% at 99.20p.

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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.

 

Alliance Pharma Market Data

Currency UK Pounds
Share Price 34.95p
Change Today 0.050p
% Change 0.14 %
52 Week High 71.80p
52 Week Low 34.05p
Volume 237,540
Shares Issued 540.40m
Market Cap £188.87m
RiskGrade 119

Alliance Pharma Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.31% above the market average84.31% above the market average84.31% above the market average84.31% above the market average84.31% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
68.22% below the market average68.22% below the market average68.22% below the market average68.22% below the market average68.22% below the market average
1.75% above the sector average1.75% above the sector average1.75% above the sector average1.75% above the sector average1.75% above the sector average
Income
9.89% above the market average9.89% above the market average9.89% above the market average9.89% above the market average9.89% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
88.8% below the market average88.8% below the market average88.8% below the market average88.8% below the market average88.8% below the market average
89.19% below the sector average89.19% below the sector average89.19% below the sector average89.19% below the sector average89.19% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 3
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Alliance Pharma Dividends

  Latest Previous
  Final Interim
Ex-Div 22-Jun-23 22-Dec-22
Paid 18-Jul-23 19-Jan-23
Amount 1.18p 0.59p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 16,597 @ 34.95p
16:35 485 @ 34.95p
16:35 148 @ 34.95p
16:35 251 @ 34.95p
16:35 148 @ 34.95p

Alliance Pharma Key Personnel

CEO Peter Butterfield
CFO Andrew Franklin
Chair Camillo Pane

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