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Pin to quick picksAllergy Thera. Share News (AGY)

Share Price Information for Allergy Thera. (AGY)

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Share Price: 4.05
Bid: 3.80
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Allergy Therapeutics Gets Positive Indications In Latest MCT Study

Mon, 14th May 2018 12:24

LONDON (Alliance News) - Biotechnology firm Allergy Therapeutics PLC on Monday said it has received positive new data in a study investigating its microcrystalline tyrosine-based vaccines.

The results, it said, show MCT is a "suitable and flexible" alternative to aluminium hydroxide in both allergen-specific immunotherapy and infectious disease applications.

Further, they also showed the MCT-adjuvanted allergens caused fewer anaphylactic reactions compared to alum-adjuvanted allergens.

International Medical Director Matthias Kramer said: "These findings provide evidence of the effectiveness of MCT as an adjuvant, confirming the mechanism of action underlying its ability to induce a robust and sustained immunological response. Additionally, the findings indicated a potentially favourable profile for the use of MCT over alum in allergy-specific vaccines."

"We believe these data highlight the significance of our differentiated proprietary platform technology in the development of our growing suite of cutting-edge, globally marketed ultra-short course allergy vaccines."

Shares were up 3.2% on Monday at a price of 24.50 pence each.

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