bullish

Marching into 2017

31 Views13 Mar 2017 20:46
Issuer-paid
SUMMARY

We anticipate that the sales and pipeline progression made by Newron in 2016 will be cemented further in 2017/18. A critical catalyst remains the US Xadago (Parkinson’s disease (PD) therapy) approval which is imminent (revised PDUFA date is 21 March); this will materially impact the share price performance. We anticipate US launch in H217 by sub licensee, US WorldMeds. Data from pipeline assets sarizotan (Rett’s syndrome, RS) and evenamide (schizophrenia) in the upcoming 18 months will highlight Newron’s diverse, innovative CNS-based R&D portfolio. We value the company at CHF530m.

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  • Marching into 2017
    13 Mar 2017
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