Percheron Therapeutics Ltd
ASX:PER
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PER's latest stock split occurred on Apr 10, 2018
The company executed a 50-for-49 stock split, meaning that for every 49 shares held, investors received 50 new shares.
Before the split, PER traded at 0.0255 per share. Afterward, the share price was about 0.032.
The adjusted shares began trading on Apr 10, 2018. This was PER's 3rd stock split, following the previous one in Nov 6, 2013.
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Percheron Therapeutics Ltd
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Percheron Therapeutics Ltd is a AU-based company operating in Pharmaceuticals industry. The company is headquartered in Melbourne, Victoria. The company went IPO on 2001-12-20. Percheron Therapeutics Limited, formerly Antisense Therapeutics Limited, is a biotechnology company. The firm is engaged in developing and commercializing antisense pharmaceuticals for large unmet markets in rare diseases. The Company’s products include ATL1102 for Duchenne muscular dystrophy (DMD), ATL1103 for Acromegaly, and ATL1102 for Multiple Sclerosis (MS). ATL1102, is an antisense inhibitor targeting very late antigen 4 (VLA-4), an immune cell molecule. ATL1103 is a second-generation antisense drug designed to block growth hormone receptor (GHr) expression thereby reducing levels of the hormone insulin-like growth factor-I (IGF-I) in the blood and is a potential treatment for diseases associated with excessive growth hormone action. By inhibiting GHr production, ATL1103 in turn reduces IGF-I levels in the blood (serum). The firm is conducting a Phase II clinical trial of ATL1102 in DMD patients.
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