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Spread: 1.00 (15.385%)
Market Cap: £443.28m
AGY Live PriceLast checked at - London Stock Exchange

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Research Update

7 Dec 2006 07:02

Allergy Therapeutics PLC07 December 2006 Thursday 7 December 2006 Allergy Therapeutics plc Promising data from oral allergy vaccine study Preliminary results show potential for a rapid action, injection-free allergy treatment Allergy Therapeutics plc (AIM: AGY), the specialist pharmaceutical companyfocussed on allergy vaccination, announces that it has received promisinginitial data in its Phase IIa study of an oral (sub-lingual) grass allergyvaccine. This study gives confidence that Allergy Therapeutics can develop aneffective, rapid-onset, orally delivered allergy vaccine. Allergy Therapeutics' new generation of allergy vaccines use MPL(R), aninnovative TLR4-agonist which boosts and accelerates the immune response. Thisstudy is the first ever examination of oral delivery of MPL in man. MPL iscurrently used in injectable form by GlaxoSmithKline within their range ofanti-infective vaccine products. Preliminary results from the first 3 active treatment groups show: • The vaccine was safe and well tolerated with minimal local side effects and no patients withdrawn or discontinued. • The vaccine showed systemic effects and was immunologically active. A significant increase against placebo in grass specific antibodies was seen after 8 weeks of once a day administration in the two MPL-containing treatment groups. • The vaccine improved symptoms. These immunological changes were mirrored by clinical improvements (as measured by nasal challenge) in the MPL-containing groups. The full analysis and results from the final group (high dose MPL plus high doseallergen) will be available in the first quarter of 2007. What does it mean for allergy sufferers? Allergic rhinitis (or hay fever) is a large and growing problem. Prevalenceestimates vary on a country by country basis but range from 14-29% of the totalpopulation (1). Worldwide over 150 million people are estimated to suffer fromallergic rhinitis1 and the prevalence is increasing. Allergy Therapeutics is already in the latter stages of seeking regulatoryapproval for a ultra-short course, four injection MPL-based treatment, Pollinex(R) Quattro. This therapeutic vaccine has been used in a number of Europeancountries on a named patient basis and over 79,000 patients have been safelytreated. The development of a convenient, effective, short course, oral vaccine wouldhave significant implications for allergy therapy and redefine the market forallergy products. There is a substantial unmet medical need and substantialcosts to society including US$12 billion of spending on pharmaceuticals. Keith Carter, Chief Executive of Allergy Therapeutics, said: "Allergy Therapeutics' objective is to transform allergy treatment. Ourtechnology is able to increase the effect of allergy vaccines by priming theimmune system. This will enable us, following approval, to reduce the currentregime in the United States of 40 injections to just 4 injections. Now it lookslike we are able to produce a similar effect in oral vaccines. These resultsprovide the first indication that we have the technology to deliver a painless,patient friendly, injection-free, potentially curative allergy treatment. "We firmly believe that both our oral and subcutaneous vaccine formulations arepotentially "best in class" and promise life-improving benefits for the millionsof sufferers world-wide." Linda Cox, MD, FAAAAI, Chair of the AAAAI Immunotherapy and Allergy DiagnosticsCommittee, said: "Allergy sufferers need new treatments which deliver better symptom control andare potentially curative. Allergy Therapeutics seems to have been able todemonstrate significant enhancement of the speed and convenience of theproducts, both injected and now oral. This may offer physicians additionaltreatment options and patients a vastly improved quality of life". For further information Allergy Therapeutics +44 (0) 1903 844 722Keith Carter, Chief Executive Financial Dynamics +44 (0) 207 831 3113David YatesBen Brewerton (1) Decision Resources Allergic Rhinitis June 2005 Study GSL103 The study, GSL103, was the first ever conducted in man using orally delivered(sub-lingual) allergen in combination with MPL. MPL is an innovativeTLR4-agonist which boosts and accelerates the immune response. The initial partof the study involved three groups of 20 grass allergic patients treated withextracts of grass pollen either alone or in combination with different doses ofMPL compared to placebo. The patients' symptoms were assessed by nasal challengein addition to sampling to measure induction of grass specific antibodies. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Sep 201612:40 pmRNSDirector/PDMR Shareholding
28th Sep 20167:00 amRNSDirector/PDMR Shareholding
26th Sep 201611:59 amRNSDirector/PDMR Shareholding
26th Sep 201610:46 amRNSHardman Research: Performance drives market share
26th Sep 20167:00 amRNSAllergy Therapeutics Preliminary Results
20th Sep 20164:58 pmRNSIssue of equity in respect of exercise of options
5th Sep 20167:00 amRNSNotice of Preliminary Results
13th Jul 20167:00 amRNSTrading Update
8th Jul 20167:00 amRNSResults of mite immunotherapy Acarovac PlusT
27th Jun 20167:00 amRNSFindings from mEEC dose range finding study G204
13th Jun 20167:00 amRNSAllergy hosts Satellite Symposium at EAACI
10th Jun 20167:00 amRNSAppointment of Finance Director
9th May 20167:00 amRNSPositive Phase II Data
23rd Mar 20169:02 amRNSIssue of equity in respect of options exercise
17th Mar 20167:00 amRNSBoard Change
11th Mar 20164:36 pmRNSGrant of Options under Long Term Incentive Plan
8th Mar 20167:00 amRNSInterim Results for the six months ended 31/12/15
24th Feb 20167:30 amRNSHardman & Co Research Report: Development Progress
23rd Feb 20167:00 amRNSNotice of Interim Results
18th Feb 20167:00 amRNSPatient enrolment completed in US Phase IIb study
13th Jan 20167:00 amRNSTrading Update
7th Dec 20157:00 amRNSUS Phase II study for GrassMATAMPL initiated
2nd Dec 20153:47 pmRNSHolding(s) in Company
30th Nov 20157:00 amRNSPQBirch204 Phase II study update
27th Nov 20153:21 pmRNSHolding(s) in Company
25th Nov 20156:06 pmRNSGrant of Options under Long Term Incentive Plan
18th Nov 201512:23 pmRNSResult of AGM
17th Nov 201512:51 pmRNSResults of Placing
17th Nov 20157:01 amRNSProposed placing to raise up to £12 million
17th Nov 20157:00 amRNSTrading Update
4th Nov 20157:00 amRNSWorld Vaccine Congress Presentation
21st Oct 20152:48 pmRNSHardman & Co issues research report
16th Oct 20157:00 amRNSAnnual Report and Accounts
21st Sep 20157:00 amRNSFinal Results
1st Sep 20157:04 amRNSFirst patient recruited in PQ Birch dose study
10th Aug 20157:00 amRNSKey paper published in the World Allergy Journal
27th Jul 20157:00 amRNSDirector Share Dealings
23rd Jul 20157:00 amRNSNotice of Results and Trading Update
6th Jul 20157:00 amRNSPositive Dust Mite Study Results
2nd Jul 20157:00 amRNSCompany to Host Key Allergy Conference
25th Jun 20157:00 amRNSCompany to resume US clinical programme
5th Jun 201510:59 amRNSAcquisition of Alerpharma S.A.
9th Apr 20155:51 pmRNSHolding(s) in Company
8th Apr 20153:47 pmRNSHolding(s) in Company
1st Apr 20153:20 pmRNSHolding(s) in Company
30th Mar 201511:27 amRNSResult of General Meeting and Issue of Equity
10th Mar 20157:03 amRNSIssue of Equity
2nd Mar 20157:00 amRNSHalf Yearly Report
30th Jan 20153:58 pmRNSHolding(s) in Company
12th Jan 20157:00 amRNSTrading Update

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