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Allergy Therapeutics ( (GB:AGY) ) has issued an announcement.
Allergy Therapeutics has announced positive progress in its Phase I/IIa PROTECT trial for its short-course peanut allergy vaccine candidate, VLP Peanut. The trial has demonstrated a strong safety profile and encouraging early efficacy signals, with no dose-limiting safety or tolerability issues observed. The vaccine candidate has shown potential in reducing allergic responses and inducing a favorable immune response, marking a significant advancement in allergy research. The findings will guide the dose selection for the planned Phase IIb trial, expected to commence in the second half of 2026.
The most recent analyst rating on (GB:AGY) stock is a Hold with a £8.50 price target. To see the full list of analyst forecasts on Allergy Therapeutics stock, see the GB:AGY Stock Forecast page.
Spark’s Take on GB:AGY Stock
According to Spark, TipRanks’ AI Analyst, GB:AGY is a Neutral.
The stock score is primarily impacted by the company’s weak financial performance and valuation concerns, which are somewhat balanced by positive technical indicators and promising corporate events. The financial instability remains a significant risk, although recent product developments offer potential upside.
To see Spark’s full report on GB:AGY stock, click here.
More about Allergy Therapeutics
Allergy Therapeutics is a fully integrated commercial biotechnology company specializing in allergy immunotherapies. The company focuses on developing innovative treatments for allergies, with a particular emphasis on creating short-course vaccines for common and severe allergies.
Average Trading Volume: 261,544
Technical Sentiment Signal: Buy
Current Market Cap: £381.3M
For an in-depth examination of AGY stock, go to TipRanks’ Overview page.