Synairgen (SNG)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

4.63p
   
  • Change Today:
      0.040p
  • 52 Week High: 9.80p
  • 52 Week Low: 3.40p
  • Currency: UK Pounds
  • Shares Issued: 202.66m
  • Volume: 27,287
  • Market Cap: £9.38m
  • RiskGrade: 510
  • Beta: 1.51

Synairgen completes recruitment for at-home Covid-19 drug trial

By Josh White

Date: Wednesday 20 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Respiratory drug discovery and development company Synairgen announced on Wednesday that the recruitment of 120 Covid-19 patients into its phase 2 trial evaluating an inhaled formulation of interferon-beta-1a, 'SNG001', conducted in the home setting, had now been completed.
The AIM-traded firm said results from the trial were expected in the second quarter of 2021.

It said its two-part, placebo-controlled trial evaluating SNG001 as a treatment for Covid-19 infection involved dosing of 101 patients in the hospital setting, the positive results from which were published in the Lancet Respiratory Medicine in November 2020, and 120 'at risk' patients in the home setting, recruitment for which completed on Tuesday.

The study targeted patients with a positive SARS-CoV-2 test result aged over 65, and those over the age of 50 with 'high risk' medical conditions.

Synairgen said the trial was designed to make it "easy and safe" for trial participants and researchers to conduct the study, with all supplies delivered directly to the patient's door by a courier, and all trial assessments conducted remotely by study doctors and nurses via video call.

The study had confirmed the feasibility of rapid roll-out of antiviral treatment in the context of a pandemic, where there was a need to limit the movement of people to minimise risks to patients, the public and healthcare providers.

Synairgen conducted the trial in collaboration with the NIHR Southampton Clinical Trials Unit and TranScrip Partners.

"The trial is both a test of the drug, and a test of how technology can be utilised to deliver and manage the administration of an inhaled broad-spectrum antiviral to vulnerable patients in the context of a pandemic, reducing the need to transport infected patients, and eliminating virus exposure to healthcare workers," said chief executive officer Richard Marsden.

"We believe this methodology and treatments such as SNG001 could be invaluable alongside vaccines, now and in the future, to fight highly pathogenic viruses such as SARS-CoV-2."

At 1526 GMT, shares in Synairgen were down 3.68% at 164.7p.

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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.

 

Synairgen Market Data

Currency UK Pounds
Share Price 4.63p
Change Today 0.040p
% Change 0.87 %
52 Week High 9.80p
52 Week Low 3.40p
Volume 27,287
Shares Issued 202.66m
Market Cap £9.38m
Beta 1.51
RiskGrade 510

Synairgen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.77% above the market average52.77% above the market average52.77% above the market average52.77% above the market average52.77% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Price Trend
79.28% below the market average79.28% below the market average79.28% below the market average79.28% below the market average79.28% below the market average
63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average63.27% below the sector average
Income Not Available
Growth Not Available

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Synairgen Dividends

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Trades for 21-Nov-2024

Time Volume / Share Price
15:53 46 @ 4.92p
15:35 3,129 @ 4.40p
15:09 4,000 @ 4.40p
13:55 2,503 @ 4.72p
13:03 8,609 @ 4.40p

Synairgen Key Personnel

CEO Richard J Marsden

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