Allergy Therapeutics Shows Financial Turnaround and Clinical Progress

Allergy Therapeutics (GB:AGY) has released an update.

Allergy Therapeutics has shown promising financial recovery with its first half-year revenue growth since 2021, despite overall annual revenue decline due to supply constraints. The company reported a 36% reduction in EBITDA losses and strengthened its cash position through a new funding facility. Key clinical trials, including the Grass MATA MPL and VLP Peanut PROTECT, are progressing well, enhancing the company’s strategic outlook.

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