Share Name Share Symbol Market Type Share ISIN Share Description
Clinigen Group Plc LSE:CLIN London Ordinary Share GB00B89J2419 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  23.00 3.67% 649.00 322,047 16:35:26
Bid Price Offer Price High Price Low Price Open Price
648.00 649.50 650.00 612.00 612.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 504.30 22.60 10.30 63.0 863
Last Trade Time Trade Type Trade Size Trade Price Currency
17:45:03 O 973 633.343 GBX

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26/9/202017:41Clinigen - Speciality Pharmaceuticals994
24/9/202022:34Clinigen - solid looking growth stock108

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Clinigen Daily Update: Clinigen Group Plc is listed in the Pharmaceuticals & Biotechnology sector of the London Stock Exchange with ticker CLIN. The last closing price for Clinigen was 626p.
Clinigen Group Plc has a 4 week average price of 600p and a 12 week average price of 600p.
The 1 year high share price is 1,000p while the 1 year low share price is currently 350.40p.
There are currently 132,898,771 shares in issue and the average daily traded volume is 615,291 shares. The market capitalisation of Clinigen Group Plc is £862,513,023.79.
bennya: Share price drifted recently, hoping for a good set of results tomorrow to get this back on track. GLA
adamb1978: Solid trading statement this morning which underpins the investment case in my view. Decent top-line and profit growth and re-iterating their intention to take leverage down over the next 12-18 months via organic means. Still believe that these are very cheap. Historically they've traded on a 15x-20x PE and based on EPS in 65p-70 range today growing to the 90s over 2-3 years, I dont think its unreasonable to expect the share price to be able to get to the £15 area in that time-frame. Very happy continuing to hold
adamb1978: It doesnt feel much different to other similarly sized companies to me in the current environment. I'm expecting the July year end TU to be quite positive for the share price
fernagx: Completely agree with AdamB1978. CLIN is such a highly cash generative company. They will be relatively resistant to the coronavirus too unlike other businesses and sectors. The current decrease in share price is just the market rather than specifics about CLIN. I too have spread my average. I won't be looking to withdraw my holding until 2030+ though
pennypincher5: Acquisitions (CSM and proleukin), and Link business have performed but the core business performance looks weak and no explanation to why or how this will be reversed. Predicted FY20 performance also a concern so why the increase in share price?
davr0s: Only figure I'm interested in is the share price and that seems to be taking the RNS in its stride at the moment
garbut: Well they've raised the 80M @ share price of £8.45P and the CEO has bought 56K and a director over 32K. That means anyone buying in early enough in the morning will be getting them cheaper than the placees. Seems good to me.
lomax99: Stock oversold. IC comment: Pharmaceutical group Clinigen (CLIN) gained support from investors when it first joined Aim in 2012, hailed for its position in a rapidly growing market and its highly experienced management team. Despite these factors remaining significant bull points, in the past few years the share price has failed to keep up the same momentum, and in recent months has seen a notable drop-off. This may in part be due to a slow first half caused by a large order for its key drug, Foscavir, slipping into the second six months, along with two big managed access contracts finishing. Also there appears to be some concern surrounding integration costs associated with two major acquisitions made in 2015. However, we feel these concerns have been overdone and see the recent share price weakness as an excellent opportunity to buy into the company's long-term growth. Idis and Link Healthcare, the two companies acquired in 2015, have improved Clinigen's business mix by reducing its reliance on erratic revenues from its clinical trials business - 18 per cent of first-half gross profit. Idis operates in two divisions, managed access and global access, which aim to provide physicians with treatments that are not available in their own country. These two divisions together contributed £19.1m of gross profits in the six months to December 2015, up from just £2.9m in the comparable period of the prior year. Link Healthcare was acquired in October and contributed £2.7m of revenue in just two months. Link provides commercial access to specialist medical technology products, specifically in Asia, Africa and Australasia, which expands both Clinigen's product range and its geographical reach. While integration costs associated with these acquisitions are likely to persist this year, Idis and Link are already boosting group earnings and brokers are forecasting significant upside in revenue and profits. The acquisitions were largely funded by extended banking facilities, which has stretched net debt to £82m. However, Clinigen is highly cash generative and net debt is forecast to fall to £23m by 2017, according to broker Numis. Specialist pharmaceuticals (SP) remains the largest contributor and accounted for almost a third of first-half gross profit. The group buys poorly managed drugs from big pharmaceutical companies and "revitalises" them, with the aim of doubling turnover by improving access to supply. The misconduct by Canadian company Valeant may have soured some investors' perception of such businesses, but Clinigen has a strong reputation. Foscavir, for the treatment of diseases associated with HIV, is the group's leading product. When it was acquired in 2010 it made £4.3m sales and in the most recent financial results it contributed £23m of revenue. While an order delay hit first-half performance, prospects remain good and Clinigen has developed a new 250ml bag, which it plans to replace the current glass bottle presentation of the drug. The bag is likely to widen Foscavir margins, enhance Clinigen's market share and, hopefully most notably, hold off generic competition. The company is trying to reduce its reliance on Foscavir by buying and developing new drugs, and added a sixth treatment, oncology support drug Totect, to its stable in March. In the first half, Clinigen's newer share price drugs increased sales by 74 per cent, taking their contribution to more than two-fifths of the division's total. Clinigen continues to demonstrate an impressive ability to revitalise drugs and is using acquisitions to branch out into new growth areas. Broker Numis believes the company can produce mid-double-digit annual earnings growth out to 2018, or more than 20 per cent a year, with the help of further acquisitions. That potential looks significantly undervalued by the shares' rating of just 15 times 2016 earnings. Buy.
3rd eye: Clinigen Group PLC 57.4% Potential Upside Indicated by Peel Hunt Posted by: Katherine Hargreaves 2nd March 2016 Clinigen Group PLC using EPIC/TICKER code LON:CLIN had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Peel Hunt. Clinigen Group PLC are listed in the Health Care sector within AIM. Peel Hunt have set their target price at 1000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 57.4% from the opening price of 635.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.77805799999999 points and decreased 45 points respectively. Clinigen Group PLC LON:CLIN has a 50 day moving average of 652.97 GBX and a 200 day moving average of 670.64 GBX. The 1 year high for the share price is 773.5 GBX while the 52 week low for the share price is 495 GBX. There are currently 114,740,899 shares in issue with the average daily volume traded being 383,240. Market capitalisation for LON:CLIN is £731,358,378 GBP. Clinigen Group PLC is a United Kingdom-based global pharmaceutical and services company. The Company consists of four businesses that provide medicines to patients with unmet needs, through clinical trials, licensed and unlicensed supply. It operates through four segments: Clinigen Clinical Trial Services (CTS), Idis Managed Access (MA), Idis Global Access (GA) and Clinigen Specialty Pharmaceuticals (SP).
mechanical trader: Clinigen Group plc Clinigen Launch Antibiotic, Vibativ in Europe Date : 18/09/2014 @ 16:15 Source : RNS Non regulatory Stock : Clinigen (CLIN) Quote : 463.75 2.0 (0.43%) @ 16:20 HOME » LSE » LSE » Clinigen share price Clinigen Group plc Clinigen Launch Antibiotic, Vibativ in Europe Share On Facebook Print Alert TIDMCLIN Clinigen Group plc 18 September 2014 Clinigen Group launches New First-in-Class Antibiotic VIBATIV(R) (telavancin) for MRSA related Hospital-Acquired Pneumonia across Europe Burton-on-Trent, UK - 18 September 2014 - Clinigen Group plc ('Clinigen' or the 'Group') (AIM: CLIN), the specialty global pharmaceutical company, today announced that the new first-in-class bactericidal, once-daily, injectable antibiotic VIBATIV(R) (telavancin), is now available to prescribe in Europe for the treatment of adults with nosocomial pneumonia (also known as hospital acquired pneumonia - HAP), including ventilator associated pneumonia (VAP), known or suspected to be caused by methicillin-resistant Staphylococcus aureus (MRSA) when other alternatives are not suitable. In March 2013, Clinigen, in-licensed V IBATIV(R) from Theravance, Inc. for commercialization in Europe, however, at that time the European Marketing Authorisation for the drug was suspended due to stopped operations at the previous manufacturer. Clinigen worked closely with a new contract manufacturer and the relevant European authorities to have the suspension lifted. The European Commission (EC) confirmed this in March 2014 enabling Europe-wide, licensed supply to commence. This will be the first time the licensed product will be available in Europe. VIBATIV(R) is an innovative treatment for HAP, the most common cause of death among infections acquired in a hospital setting, in that it offers a dual mechanism of action enabling it to kill even drug resistant strains of Staphylococcus aureus.([1]) The drug's dual mechanism of action means that even a strain resistant to one of the mechanisms of action may still be affected by the other mechanism, suggesting that VIBATIV(R) may be less prone to resistance than other antibiotics. HAP caused by MRSA is a considerable unmet need, recognised as a public health priority in the EU. MRSA is estimated to cost EUR380 million every year in extra hospital costs.([2]) As a result of these high costs, both economic and human, there is increasing demand for new tools to combat infections caused by drug-resistant bacterial strains and the availability of new antibacterial agents is recognised as playing an important role in treating MRSA. 30-70% of patients who acquire HAP currently die despite early and appropriate treatment, and the condition places a large burden on healthcare systems.([3]) There is a limited choice of licensed antibiotic therapies able to treat HAP/VAP caused by MRSA and therefore this launch provides an important, alternative, effective agent in the fight against the growing problem of resistance by bacteria. "HAP caused by MRSA is often more serious and difficult to treat than similar infections with more drug susceptible strains," said Professor Matteo Bassetti, Professor of Infectious Diseases, School of Medicine and Postgraduate School of Infectious Diseases, University of Udine, Italy. "We are increasingly seeing bacteria acquire resistance to antibiotics previously considered last resort treatments; we need more options to treat these extremely serious infections. The widespread availability of a new and effective antibiotic such as VIBATIV(R) is therefore very good news for Europe." "The emergence of so-called 'super bugs' and increasing resistance among microbes to existing antibiotics has been recognised internationally as a major clinical challenge," said Peter George, Group Chief Executive Officer at Clinigen Group plc. "We are therefore extremely proud to be making this potentially life-saving medicine available across Europe for people who may have no other suitable option to fight a life-threatening infection." - Ends - About VIBATIV(R) (telavancin) VIBATIV(R) is a bactericidal, once-daily, injectable lipoglycopeptide antibiotic with a dual mechanism of action whereby VIBATIV(R) both inhibits bacterial cell wall synthesis and disrupts bacterial cell membrane function. VIBATIV(R) is approved in the United States (US) for the treatment of adult patients with (i) complicated skin and skin structure infections (cSSSI) caused by susceptible isolates of Gram-positive bacteria, including Staphylococcus aureus, both methicillin-susceptible (MSSA) and methicillin-resistant (MRSA) strains, and (ii) hospital-acquired and ventilator-associated bacterial pneumonia (HAP/VAP) caused by susceptible isolates of Staphylococcus aureus when alternative treatments are not suitable. In September 2011, the European Commission granted Marketing Authorization for VIBATIV(R) for the treatment of nosocomial pneumonia (hospital-acquired), including ventilator-associated pneumonia, known or suspected to be caused by MRSA when other alternatives are not suitable. VIBATIV(R) was discovered and developed by Theravance, Inc., and transferred to Theravance Biopharma, Inc. in connection with the separation of the two companies in June 2014. In May 2012, the European Commission suspended Marketing Authorization for VIBATIV(R) because the previous single-source drug product supplier did not meet the current Good Manufacturing Practice ("cGMP") requirements for the manufacture of VIBATIV(R). In March this year the European Commission reinstated the marketing authorisation for VIBATIV(R) as consistent product supply was re-established in accordance with European Commission requirements. Theravance Biopharma Antibiotics, Inc. has granted Clinigen exclusive commercialization rights to VIBATIV(R) in the EU and certain other European countries (including Switzerland and Norway). For further information, for healthcare professionals please visit About Clinigen The Clinigen Group is a specialty global pharmaceutical company headquartered in the UK, with offices in the US and Japan. The Group has three operating businesses; Specialty Pharmaceuticals (Clinigen SP), Clinical Trials Supply (Clinigen CTS), and Global Access Programs (Clinigen GAP). Clinigen share price is focused on acquiring its own intellectual property in licensed, niche, hospital-only critical care medicines, increasing the value of these medicines by developing new formulations and indications, then registering and marketing them in defined global markets. For more information, please visit Contact Details Clinigen Group plc Tel: +44 (0) 1283 495 010 Peter George, Group Chief Executive Officer Shaun Chilton, Chief Operating Officer
Clinigen share price data is direct from the London Stock Exchange
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