Last $128.00 USD
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As of 4:30 PM 01/27/14 All times are local (Market data is delayed by at least 15 minutes).

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alk-abello a/s (AKBLF) Details

ALK-Abelló A/S, a pharmaceutical company, engages in the research and development, production, and sale of products for the diagnosis, prevention, and treatment of allergies. The company offers allergy immunotherapy products as injections, sublingual drops, and tablets. It provides GRAZAX, a tablet-based vaccine for grass pollen allergy; SLITone, a droplet-based allergy vaccine for daily administration through a single-dose container; and Alutard SQ, a product for subcutaneous allergy vaccination. The company’s products also include JEXT, an adrenaline auto-injector used to treat acute allergic reactions; and AVANZ, an injection based immunotherapy product. Its products in pipeline comprise Grass AIT, which has completed Phase III clinical trial for the treatment of grass allergic rhinoconjunctivitis (ARC); GRAZAX that is in Phase III clinical trial for asthma prevention; Ragweed AIT, a Phase III clinical trial product for ragweed ARC; HDM AIT for the treatment of house dust mite asthma and rhinitis; and Tree AIT, a Phase II clinical trial product for the treatment of tree ARC. In addition, the company focuses on developing AIT products against Japanese cedar pollen allergy; and products for cat allergies, as well as manufactures allergen extracts for allergy testing, such as skin-prick tests. The company provides its products through distributors worldwide. ALK-Abelló A/S has partnership agreements with Merck & Co., Inc. and Torii Pharmaceutical Co., Ltd. to develop, register, and commercialize tablets in North America and Japan. The company was founded in 1923 and is headquartered in Hørsholm, Denmark.

1,763 Employees
Last Reported Date: 02/5/14
Founded in 1923

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alk-abello a/s (AKBLF) Key Developments

ALK-Abelló A/S Presents at 7th Kempen & Co Healthcare/Life Sciences Conference, Apr-01-2014

ALK-Abelló A/S Presents at 7th Kempen & Co Healthcare/Life Sciences Conference, Apr-01-2014 . Venue: Amsterdam, Netherlands.

ALK-Abelló A/S Revises Earnings Guidance for the Year 2014

ALK-Abelló A/S revises earnings guidance for the year 2014. The company announced that the milestone payment will be booked as revenue from SLIT-Tablets in North America and the company now expects operating profit (EBITDA) to be DKK 300-400 million before special items, income from product supply, and potential sales royalties in North America against previously provided guidance of DKK 225-400 million. The higher end of this range assumes two additional product development milestone payments from Merck.

Alk-Abelló A/S Approves Ordinary Dividend

ALK-Abelló A/S approved ordinary dividend of DKK 5.00 per share at the annual general meeting held on 12 March 2014.


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AKBLF Competitors

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Allergy Therapeutics PLC 19.25 GBp -0.50
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Valuation AKBLF Industry Range
Price/Earnings 100.0x
Price/Sales 3.1x
Price/Book 3.1x
Price/Cash Flow 107.6x
TEV/Sales 2.6x

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