Algorae Pharmaceuticals Limited (ASX:1AI)
Australia flag Australia · Delayed Price · Currency is AUD
0.0210
-0.0020 (-8.70%)
Jan 30, 2026, 3:59 PM AEST

Algorae Pharmaceuticals Company Description

Algorae Pharmaceuticals Limited, a pharmaceutical development company, engages in the research and development of living cells technologies primarily in New Zealand.

The company’s product pipeline includes AI-116, a novel combination drug candidate made up of donepezil and cannabidiol for the treatment of dementia, including Alzheimer’s disease; AI-168, a novel combination drug candidate made up of a cannabinoid and an off-patent pharmaceutical ingredient for the treatment of cardiovascular disease, such as hypertension; and NTCELL, an alginate coated capsule product for the treatment of Parkinson’s disease.

It is also developing AlgaraeOS in partnership with the University of New South Wales, a drug discovery platform that uses artificial intelligence protocols and big data analytics for drug discovery and development.

The company was formerly known as Living Cell Technologies Limited and changed its name to Algorae Pharmaceuticals Limited in September 2023.

Algorae Pharmaceuticals Limited was founded in 1987 and is based in Melbourne, Australia.

Algorae Pharmaceuticals Limited
Algorae Pharmaceuticals logo
CountryAustralia
Founded1987
IndustryBiotechnology
SectorHealthcare
Employees48
CEODavid Hainsworth

Contact Details

Address:
Rialto South Tower
Melbourne, VIC 3000
Australia
Phone61 2 9698 5414
Websitealgoraepharma.com

Stock Details

Ticker Symbol1AI
ExchangeAustralian Securities Exchange
Fiscal YearJuly - June
Reporting CurrencyAUD
ISIN NumberAU000000LCT6
SIC Code2836

Key Executives

NamePosition
David Richard HainsworthChief Executive Officer and Executive Chairman
Vishal ShahChief Commercial Officer
Dr. James A. MckennaChief Scientific Officer
Dr. Carolyn M. Sue A.M., B.S., Ph.D.Member of Medical Advisory Board and Chief Medical Officer of NTCELL
Jennifer VoonCompany Secretary