Termination of coverage
Edison Investment Research is terminating coverage on Factor Therapeutics (FTT). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.Factor Therapeutics is engaged in the development and commercialization of its proprietary intellectual property in wound care. Co.'s lead program, VF-0013 is a biologic product for wound care that harnesses a targeted growth factor approach to accelerate the healing process. This is a platform technology with multiple clinical applications and is being developed to treat chronic wounds that can persist for months or even years. Co. has undertaken a U.S.-centric development program, and is on the cusp of initiating a Phase II trial of its lead program in the U.S., subject to FDA approval. This Phase II program is designed to deliver the initial treatment indication of venous leg ulcers.
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