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Algorae Pharmaceuticals Limited (ASX: 1AI)

Health Care · Biotechnology · AU

AU$0.01

-8.33% today · +37.5% 1Y

Algorae Pharmaceuticals Limited (ASX: 1AI) operates in the Biotechnology industry within the Health Care sector. The company is valued at $15.97M and employs 48 people.

Over the last twelve months the share price has gained 37.5%, trading between 0.01 and 0.02.

Tweenvest scores Algorae Pharmaceuticals Limited across four factors: quality 28/100, value 67/100. Its strongest factor is value.

1AI price history

Not enough price history to draw a chart yet.

Key figures

Market cap
$15.97M
Revenue (TTM)
P/E
EPS
-0.00
Dividend yield
Beta (5Y)
-0.03
52-week high
AU$0.02
52-week low
AU$0.01
Avg volume (3M)
Shares outstanding
2.03B
Employees
48
Next earnings

About Algorae Pharmaceuticals Limited

Algorae Pharmaceuticals Limited, a company established in 1987 and based in Melbourne, Australia, focuses on pioneering pharmaceutical development. Known as Living Cell Technologies Limited until its rebranding in September 2023, the firm primarily conducts research and innovation in living cell technologies within New Zealand. Its development portfolio includes AI-116, a novel combination treatment pairing donepezil with cannabidiol, designed to address various forms of dementia, such as Alzheimer's disease. Another key candidate is AI-168, a unique blend of a cannabinoid and an existing, off-patent drug component, aimed at managing cardiovascular conditions like hypertension. Additionally, Algorae is progressing with NTCELL, an alginate-encapsulated product for the treatment of Parkinson's disease. The company is also collaborating with the University of New South Wales to create AlgaraeOS, an advanced drug discovery platform that utilizes artificial intelligence protocols and extensive data analytics to optimize drug identification and development processes.

ISIN
AU0000296022
Founded
1987
Listed since
Aug 31, 2023
Exchange
Australian Securities Exchange
Currency
AUD
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Figures last refreshed Aug 18, 2026.