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Pin to quick picksAllergy Thera. Regulatory News (AGY)

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Worthing Facility Licence Renewal

30 Apr 2014 07:01

RNS Number : 8485F
Allergy Therapeutics PLC
30 April 2014
 



30 April 2014

 

 

Allergy Therapeutics plc

("Allergy Therapeutics" or the "Company")

 

Worthing Facility Licence Renewal

 

Allergy Therapeutics, the fully integrated specialty pharmaceutical company, announces that its Worthing facilities have recently been inspected by the MHRA and today received its Certificate of GMP Compliance.

 

Over the past seven years Allergy Therapeutics has invested over £10 million in the upgrade of its injectibles' facility. Today, over 210,000 allergy vaccines and diagnostic tests are manufactured each year at this site, with over 95% of sales made overseas. In the past 12 months, products have been supplied to new markets such as the Baltic States and New Zealand. The facilities have significant capacity to further increase output and operating efficiencies.

 

Allergy Therapeutics employs around 200 people in Worthing and is proud of it trading heritage, spanning nearly 80 years.

 

Ian Postlethwaite, Finance Director at Allergy Therapeutics, commented:

 

"The significant enhancements we have made, combined with the highest quality values, means that our facilities are now prepared for producing clinical trial material for US trials. We have a very committed work force in Worthing with a high level of specialist skills and technical expertise, and we feel immensely proud to be part of the high-tech UK manufacturing sector that is exporting products world-wide."

 

 

-Ends-

 

 

For further information

 

Allergy Therapeutics

+44 (0) 1903 845 820

Manuel Llobet, Chief Executive Officer

Ian Postlethwaite, Finance Director

Bev Lees, Associate Supply Director

 

 

Peel Hunt LLP

+44 (0) 20 7418 8900

James Steel

Clare Terlouw

 

 

FTI Consulting

+44 (0) 20 3727 1000

Simon Conway / Mo Noonan /

Victoria Foster-Mitchell

 

 

 

Notes to editors

 

About Allergy Therapeutics

 

Allergy Therapeutics is a specialty pharmaceutical company focused on allergy vaccination. It has a growing business achieving sales in the prior financial year of £40 million mainly in Europe through its own sales and marketing infrastructure and further afield through distributors. The Company is expanding its infrastructure into the Emerging Markets.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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