Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAnimalcare Grp Share News (ANCR)

Share Price Information for Animalcare Grp (ANCR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 246.00
Bid: 242.00
Ask: 250.00
Change: 0.00 (0.00%)
Spread: 8.00 (3.306%)
Open: 246.00
High: 246.00
Low: 246.00
Prev. Close: 246.00
ANCR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Animalcare enters collaboration with Dutch firm Orthros

Thu, 24th Mar 2022 12:50

(Sharecast News) - Animalcare Group has entered into two early-stage agreements with Netherlands-based Orthros Medical, it announced on Thursday, focussed on the research and early development of 'VHH' antibodies.

The AIM-traded firm said under the collaboration, it had secured a global exclusive licence from Orthros for two preclinical VHH candidates, initially addressing osteoarthritis in dogs.

Additionally, it was entering into a research and development deal with Orthros Medical with the objective of adding further projects to the licence agreement.

Under the terms of the deal, Animalcare would make upfront payments to Orthros of €0.5m (£0.42m), and would fund some early research activities as part of the collaboration.

As the two licensed candidates progressed, Orthros could receive development, regulatory and commercial milestone payments up to a total of €11m, as well as single-digit royalties on net sales of the products.

The payments were expected to be paid out of the group's operating cash flow.

Animalcare said the licensed candidates would be developed as mono and combination therapy for local application in osteoarthritic joints to enable pain relief and, potentially, disease modification.

The candidate profiles were complementary to 'Daxocox', its existing COX-2 inhibitor approved for the treatment of osteoarthritis-related pain in dogs.

"This partnership represents a key building block in our long-term growth strategy," said chief executive officer Jenny Winter.

"We are keen to expand our early-stage pipeline by seeking out innovative technologies to meet evolving customer needs in a fast-growing, competitive market.

"Working with Orthros Medical, we have an exciting opportunity to build our future pain and osteoarthritis portfolio while exploring further potential of Orthros Medical's VHH technology in animals."

At 1422 GMT, shares in Animalcare Group were up 0.63% at 337.12p.

More News
19 Jun 2019 17:26

Animalcare Group Non-Executive Director James Lambert To Depart

(Alliance News) - Animalcare Group PLC said Wednesday that Non-Executive Director James Lambert intends to step down from the board, having served on the board for 16 years.Lambert will of

Read more
18 Jun 2019 16:00

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 19 JuneTarsus GroupCadongan PetroleumWhitbreadSagaN4 20

Read more
30 Apr 2019 11:05

Animalcare Turns To Loss After Takeover Costs, Lowers Payout

LONDON (Alliance News) - Veterinary products firm Animalcare Group PLC said on Tuesday it swung to an annual loss following charges related to its reverse acquisition, as it also reduced its for a

Read more
30 Apr 2019 09:05

Animalcare swings to loss as costs outweigh revenue jump

(Sharecast News) - Animalcare Group on Tuesday swung to an annual loss after delayed product launches and cost increases offset the impact of double-digit revenue growth.

Read more
23 Apr 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 April PetropavolskFull Year ResultsBoohoo GroupFull Year HealthFull

Read more
25 Sep 2018 10:43

Animalcare Confident On Growing Profit Following Ecuphar Combination

LONDON (Alliance News) - Animalcare Group PLC on Tuesday reported a rise in interim revenue, with the veterinary firm confident it can start increasing profitability.Shares were 9.3% lower

Read more
18 Sep 2018 16:19

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 19 September KingfisherHalf Year ResultsBabcock InternationalTrading Year Year

Read more
4 Sep 2018 11:10

Animalcare Sells Wholesale Unit To Focus On Higher Margin Pharma Unit

LONDON (Alliance News) - Animalcare Group PLC on Tuesday said it has sold its wholesale division for GBP2.7 million as part of a business strategy to focus on higher-margin veterinary animal has a

Read more
9 Jul 2018 09:19

Animalcare's Cortacare Product Receives Positive Opinion

LONDON (Alliance News) - Animalcare Group PLC said Monday it received "positive opinion" from the Committee for Medicinal Products for Veterinary Use for its dermatology product European

Read more
20 Jun 2018 16:09

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 21 JuneHSS Hire GroupFriday 22 JuneCambian Fifteen Communications Shipping 25

Read more
15 May 2018 11:15

Animalcare 2017 Profit Falls On Buyout Costs In Transformational Year

LONDON (Alliance News) - Animalcare Group PLC said Tuesday its profit fell sharply in 2017 on acquisition-related costs despite revenue rising significantly in what it described a year.In a

Read more
8 May 2018 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 9 May Coca-Cola HBCQ1 ResultsIAGMay Traffic Statistics (at 1500 Year Year 10 11

Read more
26 Apr 2018 12:25

Animalcare Group Chief Operating Officer Iain Menneer Steps Down

LONDON (Alliance News) - Veterinary services company Animalcare Group PLC said on Thursday Chief Operating Officer Iain Menneer has resigned with immediate effect, after ten months in the to that

Read more
18 Apr 2018 12:38

Animalcare 2018 Earnings To Be Below Market Views, Shares Plummet

LONDON (Alliance News) - Shares in Animalcare Group PLC slumped Wednesday as the company said 2018 earnings will be below market expectations, though above 2017, due to competitive pressures and a

Read more
15 Feb 2017 14:14

Animalcare Group posts 'very strong' first half

(ShareCast News) - Veterinary medicine supplier Animalcare Group announced its interim results for the six months to 31 December on Wednesday, with the board describing a "very strong" first half for the group, ahead of expectations. The AIM-traded company reported revenue of £7.97m, a 12% improveme

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.