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
9 Jan 2017 08:19

Animalcare Group expects revenue, profit to exceed expectations

(ShareCast News) - Veterinary medicine supplier Animalcare Group expects trading for the full year to be ahead of market forecasts as interim revenue and profit exceeded expectations after it accelerated investment in new products despite Brexit uncertainty. Sales and profit were ahead of the compan

Read more
12 Oct 2016 09:31

Animalcare Group's revenue rises while weary of Brexit vote

(ShareCast News) - Veterinary medicine supplier Animalcare Group's revenue rose while it remains cautious over the uncertainty arisen since the Brexit vote as it took measures to hedge against currency fluctuations. For the year ended 30 June, revenue increased 8.6% to £14.7m, compared to the previo

Read more
12 Oct 2016 08:27

BROKER RATINGS SUMMARY: Investec Starts Wolseley With Hold Rating

Read more
14 Jul 2016 16:54

Animalcare profits to beat expectations as revenues rise

(ShareCast News) - Veterinary medicine supplier Animalcare said full year revenues rose by 8.6% to £14.70m and underlying operating profits were expected to be broadly in line with last year, exceeding market expectations. Revenue from sales of the Licensed Veterinary Medicines group was up 7.7% to

Read more
14 Jul 2016 07:53

Animalcare Revenue Grows With Good Performances Across Divisions

Read more
10 Feb 2016 12:02

Sales grow at Animalcare, but investment eats into profit

(ShareCast News) - Animalcare was looking at an increase in sales in its first half results on Wednesday, though profits were down in the six months to 31 December 2015 as the company pressed ahead with its investment strategy. The AIM-traded supplier of veterinary medicine described progress as goo

Read more
10 Feb 2016 10:56

Animalcare Profit Down In First Half As Lower-Margin Revenue Rises

Read more
20 Jan 2016 09:18

Animalcare Says Medicines Revenue Offsets Lower Microchipping Sales

Read more
23 Dec 2015 15:33

Mitchells & Butlers CEO picks up some shares

(ShareCast News) - Animalcare Group's Chairman, James Lambert, dumped 54,000 shares in the veterinary medicines supplier at 222p each. The sale brought his holding down to 1.3m shares, or 6.2%. Elsewhere, Mitchells & Butlers' chief executive officer Phil Urban purchased 18,706 shares in the pub ope

Read more
23 Dec 2015 09:29

DIRECTOR DEALINGS: Animalcare Chairman Sells Shares

Read more
8 Dec 2015 18:08

DIRECTOR DEALINGS: Animalcare Chairman Lambert Sells Shares

Read more
7 Dec 2015 18:05

DIRECTOR DEALINGS: Animalcare Chairman Lambert Offloads 11,000 Shares

Read more
23 Nov 2015 18:42

DIRECTOR DEALINGS: Animalcare Chairman Sells 10,000 Shares

Read more
10 Nov 2015 16:01

AGM, EGM Calendar - Week Ahead

Read more
14 Oct 2015 08:19

Animalcare Annual Profit Grows Despite Fewer Cats And Dogs In UK

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.