Webdisclosure.com

Search

HARDMAN & CO RESEARCH Hardman & Co Research: Shield Therapeutics (STX) FDA approval opens door to major US opportunity

Directive transparence : information réglementée

05/08/2019 12:22

Hardman & Co Research
Hardman & Co Research: Shield Therapeutics (STX) FDA approval opens door to major US opportunity

05-Aug-2019 / 11:22 GMT/BST


Hardman & Co: FDA approval opens door to major US opportunity

Shield Therapeutics (STX) is a commercial-stage pharmaceutical company delivering specialty products that address patients' unmet medical needs, with an initial focus on treating iron deficiency (ID) with Feraccru(R)/Accufer(R). News that the FDA has approved this drug for a broad indication opens it up to a commercial market worth over $1bn. STX has been in discussions with a number of potential partners, but its hand has been strengthened by the regulatory de-risking of Accufer. Its USP will be that oral Accufer is as effective as intravenous iron. The market capitalisation equates to only 4.4x in-market sales.

Please click here for the full report:

https://www.hardmanandco.com/research/corporate-research/fda-approval-opens-door-to-major-us-opportunity/

To contact us:

Hardman & Co
35 New Broad Street
London
EC2M 1NH

www.hardmanandco.com

Follow us on Twitter @HardmanandCo

Contacts:

Dr Martin Hall

Dr Dorothea Hill

Dr Gregoire Pave
 

+44 20 7194 7622

 

mh@hardmanandco.com
dmh@hardmanandco.com
gp@hardmanandco.com
 

Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.

About Hardman & Co: For the past 21 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge.  Our focus is to raise companies' profiles across the world with high-quality research, investor engagement programmes and advisory services.

Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259.

Our research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies.  It is not intended to be made available to unsophisticated retail investors. Anyone who is unsure of their categorisation should consult their professional advisors. This research is neither an offer, nor a solicitation, to buy or sell any security. Please read the note for the full disclaimer.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

851875  05-Aug-2019 

fncls.ssp?fn=show_t_gif&application_id=851875&application_name=news&site_id=symex