External broker reports(aggregated public sources), Bell Potter Securities

Bell Potter

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to individuals, institutions and corporations.

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External broker reports(aggregated public sources)

Bell Potter Securities

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to individuals, institutions and corporations. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Clinuvel Pharmaceuticals / Equity Bottom-Up

<ul><li>Reviewing vitiligo expectations, Phase 3 readout CY25CUV are conducting two Phase 3 trials to expand the label of Scenesse to include patients with vitiligo.</li><li>Following recent company announcements, we have revisited vitiligo development expectations and market forecasts.</li><li>The first Phase 3 trial primary readout is expected in 2H CY25 and represents one of the next major catalysts for the company excluding financial results.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Reviewing vitiligo expectations, Phase 3 readout CY25CUV are conducting two Phase 3 trials to expand the label of Scenesse to include patients with vitiligo.Following recent company announcements, we have revisited vitiligo development expectations and market forecasts.The first Phase 3 trial primary readout is expected in 2H CY25 and represents one of the next major catalysts for the company excluding financial results.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Clinuvel Pharmaceuticals (CUV): Looking to Vitiligo