Business

Completion of recruitment in PQ Grass Ph II trial

Completion of recruitment in PQ Grass Ph II trial.

articleAllergy Therapeutics PlcFebruary 12, 20185/company/allergy-therapeutics/news/completion-of-recruitment-in-pq-grass-ph-ii-trial
Completion of recruitment in PQ Grass Ph II trial

About this update from Allergy Therapeutics Plc

[{"type":"text","content":"\n \nRNS Number : 5209E Allergy Therapeutics PLC 12 February 2018  \n\n \n \n \nAllergy Therapeutics plc\n(\"Allergy Therapeutics\" or the \"Group\")\n \nCompletion of recruitment in PQ Grass Phase II trial\n \nTrial running ahead of schedule with data now due in early H2 2018\n \n12 February 2018 Allergy Therapeutics plc (AIM:AGY), the fully integrated specialty pharmaceutical group specialising in allergy vaccines, today announces that recruitment has been completed in its grass allergy Phase II study (G205), with results due ahead of expectations in early H2 2018. The trial is designed to evaluate the dose-response and safety of its ultra-short course, aluminium free PQ Grass immunotherapy to address the cause of symptoms of allergic rhinoconjunctivitis due to grass pollen.\n \nThe study protocol involves more than 440 patients in over 50 sites across Germany, Austria and Poland. The trial is designed to identify the optimal efficacious cumulative dose using conjunctival provocation testing. This type of challenge testing has recently been used in studies for a similar subcutaneous allergoid MPL product resulting in selection and approval of dose for use in a phase III study.\n \nOne of the key markets for this global product is expected to be the US. The US allergy immunotherapy market is estimated by the Group to be worth $2 billion with potential peak grass vaccine sales of $300-400 million per annum. If approved, the product will be the first registered subcutaneous immunotherapy product in the US for allergy.\n \nManuel Llobet, Chief Executive Officer of Allergy Therapeutics, commented: \"The completion of recruitment for all patients in our Phase II trial is an important step in our journey towards access to the US market in which PQ Grass has the potential to become a convenient, best in class, ultra-short course subcutaneous immunotherapy. We are pleased that the study is running ahead of schedule and look forward to seeing the results later this year.\"\n \n- ENDS -\n \nFor further information, please contact:\n \nAllergy Therapeutics\n+44 (0) 1903 845 820\nManuel Llobet, Chief Executive Officer\nNick Wykeman, Finance Director\n \nPanmure Gordon\n+44 (0) 20 7886 2500\nFreddy Crossley, Corporate Finance\nTom Salvesen, C...

More updates from Allergy Therapeutics Plc