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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
Ask: 4.30
Change: 0.15 (3.85%)
Spread: 0.50 (13.158%)
Open: 3.90
High: 4.05
Low: 3.72
Prev. Close: 3.90
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IN BRIEF: Allergy Therapeutics cheers secondary endpoint results

Mon, 13th Sep 2021 20:25

(Alliance News) - Allergy Therapeutics PLC - Sussex-based biotechnology firm focused on allergy vaccines - Says the secondary endpoint results from an ex-vivo biomarker study VLP001 which evaluated the group's novel virus-like particle based peanut allergy vaccine candidate, VLP Peanut. Says secondary endpoint results demonstrated a reduced IgE binding capacity to B cells of VLP Peanut suggesting a promising safety profile with reduced potency to induce allergic reactions. Further, the results provide a strong indication for the products' efficacy potential, promoting a class switch from the allergic Th2 pathway to the more tolerogenic Th1 pathway.

Chief Executive Officer Manuel Llobet says: "We are pleased to see such encouraging secondary endpoint data, following the primary endpoint that we announced just a few weeks ago. These ex-vivo data, using human cells, clearly suggest that the vaccine candidate does not only have hypoallergic potential but also has the ability to induce a protective immune-response upon administration. This is a vital step in our journey to provide a safe and sustained effective treatment solution to those affected by peanut allergy; we look forward to progressing with the clinical programme and to initiate the Protect study in 2022."

Current stock price: 35.88 pence

Year-to-date change: more than doubled

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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