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HARDMAN & CO RESEARCH Hardman & Co Research: Shield Therapeutics (STX): Taking on China

Directive transparence : information réglementée

14/01/2020 08:15

Hardman & Co Research
Hardman & Co Research: Shield Therapeutics (STX): Taking on China

14-Jan-2020 / 07:15 GMT/BST


Hardman & Co Research: Taking on China

Shield Therapeutics (STX) is a commercial-stage company delivering specialty products that address patients' unmet medical needs, with an initial focus on treating iron deficiency (ID) with ferric maltol. Recent news that the FDA had approved this drug for a broad indication opened up a market in the US currently worth over $1bn p.a. On 8 January, STX announced a development and commercialisation licence deal in China with Beijing Aosaikang Pharmaceutical Co (ASK Pharm), whose local expertise should support approval and deliver strong licensing income in what is the world's second largest pharmaceuticals market.

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https://www.hardmanandco.com/research/corporate-research/taking-on-china/

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About Hardman & Co: For the past 25 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 UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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End of Announcement - EQS News Service

952535  14-Jan-2020 

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