Richard J. Marsden Acquires 156,250 Shares of Synairgen plc (SNG) Stock
Synairgen plc (LON:SNG) insider Richard J. Marsden acquired 156,250 shares of the company’s stock in a transaction on Friday, October 12th. The shares were purchased at an average cost of GBX 16 ($0.21) per share, for a total transaction of £25,000 ($32,666.93).
Shares of SNG stock opened at GBX 16.25 ($0.21) on Friday. Synairgen plc has a 1 year low of GBX 6.88 ($0.09) and a 1 year high of GBX 32 ($0.42).
Separately, FinnCap reaffirmed a “corporate” rating on shares of Synairgen in a report on Wednesday, September 26th.
Synairgen plc discovers and develops drugs for respiratory diseases. It develops inhaled interferon beta (IFN-ß), which is in Phase-II clinical trials for the treatment or prevention of asthma exacerbations caused by the common cold; IFN-ß that is in Phase-I clinical trial for the treatment or prevention of chronic obstructive pulmonary disease exacerbations caused by the common cold; and LOXL2 inhibitor, which is in Phase I clinical trial for the treatment of idiopathic pulmonary fibrosis (IPF).
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