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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: 5.20
Bid: 5.10
Ask: 5.30
Change: -0.05 (-0.95%)
Spread: 0.20 (3.922%)
Open: 5.20
High: 5.20
Low: 5.20
Prev. Close: 5.25
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IN BRIEF: Allergy Therapeutics extends cash runway until end of 2023

Mon, 06th Nov 2023 12:33

Allergy Therapeutics PLC - West Sussex, England-based commercial biotechnology company - Says it continued to work on initiatives to improve cost control and manage working capital alongside trading broadly in line with expectations for the current financial year to date. Says it has extended its cash runway and anticipates to require additional funding by the end of December. Further, says discussions with some major shareholders regarding a subscription and open offer announced in October have progressed. Says that the pivotal phase 3 grass G306 modified allergen tyrosine adsorbed monophosphoryl lipid A trial remains on track to report interim results this month. Via G306, the company aims to release an immunotherapy for grass allergy.

Current stock price: 1.37 pence, down 5.5% on Monday afternoon in London

12-month change: down 79%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
12 Mar 2014 11:33

Allergy Therapeutics Reports Profits, Revenues For Year To End-September

LONDON (Alliance News) - Allergy Therapeutics PLC Wednesday reported revenues of GBP40.5 million and a profit of GBP890,000 for the 12 months to September 30, 2013. The company's financial year runs until the end of June, but it has provided additional figures for the year to end-September

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19 Feb 2014 13:21

Allergy Therapeutics gets green light for hay fever study in Canada

Speciality pharmaceuticals firm Allergy Therapeutics has received the approval from the Canadian health regulators to submit a full clinical trial application for a new study of its hay fever vaccine. Following on from successful discussions held with the US Food and Drug Administration previously,

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19 Feb 2014 09:12

Allergy Therapeutics' Hay Fever CTA Approved By Health Canada

LONDON (Alliance News) - Allergy Therapeutics PLC said Wednesday that the Canadian health authority has approved its proposal to submit a full clinical trial application for an efficacy study for Pollinex Quattro Grass MATA MPL (0.5ml). The speciality pharma firm said its proposal for a new

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27 Jan 2014 09:57

Allergy Therapeutics Says Positive Ragweed Allergy Treatment Published

LONDON (Alliance News) - Allergy Therapeutics PLC said Monday that results from its Phase IIb clinical trial of its Pollinex Quattro ragweed allergy treatment have been published in the Journal of Allergy and Clinical Immunology. The trial showed that the treatment was safe and effective in

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20 Nov 2013 10:05

Allergy Therapeutics Revenues Up 16%, Appoints New R&D Director

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20 Nov 2013 07:52

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

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20 Nov 2013 07:38

Allergy Therapeutics boosts sales, gains market share

Allergy vaccine developer Allergy Therapeutics reported higher sales and revenue since July and said it was gaining share in all its main markets. The group said net revenues rose 16% in the first four months of this financial year against the same period last year while gross sales at constant cur

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16 Sep 2013 12:53

Allergy Therapeutics Hit By Challenging Conditions As Profit Declines

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16 Sep 2013 12:13

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

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27 Dec 2012 14:29

Allergy Therapeutics ends contract with Lincoln Medical

Allergy Therapeutics has terminated its agreement with Lincoln Medical for the distribution rights of Anapen in a number of countries, following a recall of the drug in the UK. The pharmaceutical company said Lincoln Medical undertook a voluntary recall of all unexpired units of Apapen, an adrenali

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10 Dec 2012 16:25

Chamberlin Chairman invests 75k

Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%

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9 Nov 2012 16:30

Shanks Chairman buys shares as profits fall

The Chairman of Shanks Group, the FTSE 250 waste management firm, has bought 60,000 shares in the firm following the company's announcement that half year profits fell by 29 per cent. Chairman Adrian Auer purchased the shares at 82.93p each for a total of £49,758. On Thursday the company revealed

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3 Aug 2012 11:45

Small caps round-up: Allergy, XCAP, Totally...

Allergy Therapeutics, a specialist pharmaceutical company focused on allergy vaccination, has welcomed the Food and Drugs Association's decision to lift the clinical hold on the company's grass pollen allergy vaccine clinical development programme, with immediate effect. Allergy has gained approval

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26 Apr 2011 08:33

Allergy gets FDA lift

Shareholders in allergy vaccine developer Allergy Therapeutics were making hay Tuesday after the US Food and Drug Administration (FDA) signalled the imminent lifting of the clinical hold on three of the company's products. The FDA said the clinical hold on the Investigational New Drug applications

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28 Mar 2011 17:03

London close: Flat day for FTSE 100

A second attempt to spring into life evaporated ahead of the close on Monday and the top share index finished just a few points higher. Worries that Japanese carmakers may have to suspend production at their plants in China following the earthquake disruption have sent copper prices lower. As a res

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