Allergy Therapeutics (AGY)

Sector:

Pharma and Biotech

Index:

FTSE AIM All-Share

5.20p
   
  • Change Today:
    -0.30p
  • 52 Week High: 6.00p
  • 52 Week Low: 1.73p
  • Currency: UK Pounds
  • Shares Issued: 4,766.44m
  • Volume: 215,093
  • Market Cap: £247.85m
  • RiskGrade: 268
  • Beta: 0.25

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 5.20p
Change Today -0.30p
% Change -5.45 %
52 Week High 6.00p
52 Week Low 1.73p
Volume 215,093
Shares Issued 4,766.44m
Market Cap £247.85m
Beta 0.25
RiskGrade 268

AGY Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.81% below the market average69.81% below the market average69.81% below the market average69.81% below the market average69.81% below the market average
56% below the sector average56% below the sector average56% below the sector average56% below the sector average56% below the sector average
Price Trend
51.33% above the market average51.33% above the market average51.33% above the market average51.33% above the market average51.33% above the market average
59.18% above the sector average59.18% above the sector average59.18% above the sector average59.18% above the sector average59.18% above the sector average
Income Not Available
Growth
55.78% below the market average55.78% below the market average55.78% below the market average55.78% below the market average55.78% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average

AGY Dividends

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Trades for 21-Nov-2024

Time Volume / Share Price
16:35 87,480 @ 5.20p
16:35 30,000 @ 5.20p
16:35 24,359 @ 5.20p
16:35 25,641 @ 5.20p
16:35 5,323 @ 5.20p

AGY Key Personnel

CEO Manuel Llobet

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