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Postponed clinical trials affect ALK finances – central phase III trials have been delayed

The Monday guidance upgrade from allergy company ALK, which was confirmed on Wednesday morning, especially happened because sales had been better than expected, but also due to a series of savings and necessary postponements of clinical trials, such as the crucial Chinese phase III trial, which was meant to start in August, explains CEO Carsten Hellmann.

ALK CEO Carsten Hellmann | Photo: Gregers Tycho/Ritzau/Ritzau Scanpix

Monday afternoon, Danish allergy company ALK upgraded the guidance for its main figures relating to revenue and earnings ahead of today's presentation of the firm's quarterly report.

This is mainly because sales have gone better than expected, but also due to savings on certain expenses and necessary postponements of clinical trials. Because of these factors, ALK foresees better operating results than previously announced.

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