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Company Profile

  • Business description

    Algorae Pharmaceuticals Ltd is a clinical-stage pharmaceutical company developing transformative solutions for undermet medical needs in the community. The firm develops AlgoraeOS, a closed-loop platform, leveraging computational tools to generate novel insights in silico that are being developed to initiate or accelerate therapeutic programs. Its lead products comprise AI-116, a novel combination drug candidate of cannabidiol (CBD) and an off-patent pharmaceutical ingredient. It is conceptualised to be a potential treatment for dementia, including Alzheimer’s disease; NTCELL is an alginate-coated capsule containing clusters of neonatal porcine choroid plexus cells. It also offers LP-003 Anti-obesity Drug and LC-002 migraine treatment.

  • Contact

    201 Sussex Street
    Level 16, Tower 2, Darling Park
    Sydney NSW 2000
    AUS

    T: +61 6492762690

    https://www.algoraepharma.com

  • Sector

    Healthcare

    Stock type

    Defensive

  • Industry

    Biotechnology

    Fiscal Year End

    30 June 2024

    Employees

    48

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,132.10 49.80 0.62%
CAC 40 8,206.72 39.22 0.48%
DAX 40 18,784.45 80.03 0.43%
Dow JONES (US) 40,003.59 134.21 0.34%
FTSE 100 8,440.36 20.10 0.24%
HKSE 19,636.22 82.61 0.42%
NASDAQ 16,685.97 12.35 -0.07%
Nikkei 225 39,069.68 282.30 0.73%
NZX 50 Index 11,735.71 35.92 0.31%
S&P 500 5,303.27 6.17 0.12%
S&P/ASX 200 7,863.70 49.30 0.63%
SSE Composite Index 3,171.15 17.12 0.54%

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