About Allergy Therapeutics

Allergy Therapeutics is a leader in immunology, dedicated to developing innovative allergy treatments that improve the lives of patients around the world. Our people are central to our success and we are committed to creating an inclusive environment where every colleague can grow, develop and contribute to our mission. With an entrepreneurial mindset and flexible working options for all, we aim to provide a workplace where individuals can thrive and reach their full potential.

Equal Pay vs. the Gender Pay Gap

It is important to distinguish between equal pay and the gender pay gap:

  • Equal pay is the legal obligation to pay men and women the same for equal or similar work, or work of equal value.
  • The gender pay gap measures the difference in average earnings between men and women across an organisation, regardless of the roles they perform.

Allergy Therapeutics complies fully with equal pay legislation. This report focuses on our gender pay gap results for 2025, providing transparency on our data and progress.

Our 2025 Gender Pay Gap Results

Pay and Bonus Gaps:

MeanMedian
Pay Gap13%12%
Bonus Gap0%0%

Bonus Eligibility:

MaleFemale
Employees who received a bonus0%0%

Due to business performance challenges during the reporting period, no bonuses were issued. As a result, the mean and median bonus gaps are both 0%.

Gender Representation by Pay Quartile:

MaleFemale
Upper63%37%
Upper middle46%54%
Lower middle39%61%
Lower52%48%

Across most of the organisation, representation remains broadly balanced. Variations in the upper quartile reflect normal workforce dynamics during the period leading up to the snapshot date.

Industry Context

Across the UK, the gender pay gap continues to decrease gradually. Within the pharmaceuticals sector, gender pay gaps typically fall within the 10–17% range, influenced by the sector’s mix of scientific, technical and senior specialist roles. Data from several major pharmaceutical organisations shows that gender balance at senior levels is a key factor shaping pay gap outcomes.

Allergy Therapeutics is committed to contributing positively to wider industry progress by supporting inclusive practices, strengthening leadership pathways and continuing to build diversity across our workforce.

What Is Causing Our Gap?

Our gender pay gap reflects the natural variation in how different roles and responsibilities are distributed across the organisation. As is common in pharmaceuticals and life sciences, differences in average earnings can arise from the types of roles colleagues hold and the timing of appointments or movements during the reporting period.

Across the majority of the organisation, representation of men and women remains balanced. The fluctuation visible in this year’s figures reflects normal workforce changes ahead of the snapshot date rather than any structural shift. As the gender pay gap is driven by overall averages rather than equal pay for equal work, even small changes in team composition can influence the results.

We remain committed to offering fair development opportunities, sustaining an inclusive culture and enabling all colleagues to progress and thrive.

What Are We Doing to Reduce Our Gap?

We are committed to reducing our gender pay gap over time and ensuring fair access to development, progression and reward for all colleagues.

Our actions include:

  • Supporting career development and progression through learning opportunities, leadership development and mentoring.
  • Maintaining fair and transparent recruitment and promotion processes, ensuring roles are consistently assessed and appointed.
  • Promoting flexible working practices across the organisation to support long‑term career sustainability.
  • Embedding inclusive practices within our culture to ensure all colleagues feel supported and able to reach their potential.

These initiatives align with our broader inclusion and talent priorities and support long‑term progress towards greater gender equity.

Our Commitment

We are committed to transparency, fairness and the continued improvement of our gender pay gap. As our organisation evolves, we will keep focusing on initiatives that support balanced representation, equitable development opportunities and an inclusive working environment where everyone can succeed.

Declaration

We confirm that our data is accurate and has been calculated according to the requirements of the Equality Act 2010 (Gender Pay Gap Information) Regulations 2017.

Manuel Llobet - Chief Executive Officer

Francesca Hills - Global Head of HR

For further information please contact:

Francesca Hills - Francesca.Hills@AllergyTherapeutics.com