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AREC Arecor Therapeutics Plc

137.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arecor Therapeutics Plc LSE:AREC London Ordinary Share GB00BMWLM973 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 137.50 135.00 140.00 137.50 137.50 137.50 17,518 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 3.54M -9.26M -0.3024 -4.55 42.11M

Arecor Therapeutics Shares Jump as Vaccine Patent Is Upheld by European Patent Office

11/10/2021 10:34am

Dow Jones News


Arecor Therapeutics (LSE:AREC)
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By Jaime Llinares Taboada

 

Shares in Arecor Therapeutics PLC climbed Monday morning after its polysaccharide vaccine patent was upheld by the European Patent Office.

The EPO was considering an appeal filed by GlaxoSmithKline PLC, but this was dismissed.

Arecor said its patent protects novel compositions of a specific type of vaccines, called polysaccharide vaccines, which are used to prevent degradation.

Polysaccharide vaccines are used to protect against diseases such as meningitis and pneumonia.

Shares at 0855 GMT were up 9.2% at 415 pence.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

October 11, 2021 05:19 ET (09:19 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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