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Motif Bio Ord 1p

16:36 on 24/11/2017

Current Price 31.50p | Bid 30.50p | Ask 31.00p | Change -3.94%

Company Overview

Motif Bio plc is a clinical stage biopharmaceutical company which specialises in developing novel antibiotics designed to be effective against serious and life-threatening infections caused by multi-drug resistant bacteria. The Company will, on admission to AIM, have a lead antibiotic candidate, iclaprim, in clinical development and MTF-001, a preclinical stage programme to design a best-in-class dihydrofolate reductase inhibitor (DHFRi). Discussions and negotiations with academic institutions and pharmaceutical companies are under way to build a portfolio of antibiotic candidates through licensing. The Company's main country of operation is the United States of America. The Company is seeking to confirm in meetings with the US Food and Drug Administration (FDA) and the European Medicines Agency (EMA) in the first half of 2015 that the clinical development plan for iclaprim meets regulatory guidelines and that two Phase III trials can be conducted. Upon confirmation of the clinical development plan and subject to funding being available, the two Phase III trials are planned to be initiated in the second half of 2015.

Stock Details

Shares in Issue 108,601,496
Market cap £ 53.08m
Sector Pharmaceuticals & Biotechnology
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 30.50p
Bid Price ? 30.50p
Ask Price ? 31.00p
Volume ? 1664754
Change Today -1.25p
% Change Today -3.94%
Open 32.01p
Previous Close 30.50p
Intraday High 32.25p
Intraday Low 30.50p
52 Week High 70.50p
52 Week Low 36.50p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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