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EDISON INVESTMENT RESEARCH LIMITED Sareum Holdings (SAR): Treading the TYK2 trail

Directive transparence : information réglementée

05/05/2021 08:00

Edison Investment Research Limited
Sareum Holdings (SAR): Treading the TYK2 trail

05-May-2021 / 07:00 GMT/BST


 

London, UK, 5 May 2021

 

Sareum Holdings (SAR): Treading the TYK2 trail

Kinase inhibitor specialist Sareum develops small molecule therapeutics with application in oncology and autoimmune disease areas. Lead asset SDC-1801 targets the autoimmune space and is nearing an inflection point, with a planned clinical trial application (CTA) filing in mid-2021 and clinical progression in Q421. The other candidate, SDC-1802, is focused on cancer and holds first-in-class promise with value to be unlocked with clinical validation. The out-licensed assets, SRA737 and FLT3+Aurora kinase, are currently de-prioritised but offer upside potential on revived activity.

 

Despite stringent resource management, Sareum's liquidity position remains constricted (cash runway lasting till Q421 at current run-rate) with valuation potential contingent on timely raising of funds to take SDC-1801 to the clinic.


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About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors. By focusing on the volume and quality of investors reached - across institutions, family offices, wealth managers and retail investors - Edison can create and gauge intent to purchase, even in the darkest pools of capital, and then make introductions via non-deal roadshows, events or virtual meetings.

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Jyoti Prakash +91 981 880 393 healthcare@edisongroup.com

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End of Announcement - EQS News Service

1192519  05-May-2021 

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