NICOX: 1Q’19 update : well on-track to deliver key milestones by YE’19 | BUY | EUR19,8
NICOX - BUY | EUR19,81Q’19 update : well on-track to deliver key milestones by YE’19
EUR23.5m in cash (BGe 2Q’20 financial runway)
Zerviate launch confirmed for 3Q’19 … after a first false start
NCX-470 Ph II trial recruiting at a strong pace (readout 4Q’19)
NCX-4251 Ph II ongoing (readout 4Q’19)
Early stage pipeline to be unveiled at ARVO in late April
Nicox is engaged in the ophthalmic market. Co. markets several ophthalmic products in the United States and Europe with a portfolio of therapies and diagnostic tools that can help people to enhance their sight. Co. has developed naproxcinod, the first member of the Cyclooxygenase-Inhibiting Nitric Oxide-Donating (CINOD) class of anti-inflammatory agents, for the treatment of the signs and symptoms of osteoarthritis. Beyond naproxcinod, Co. has a pipeline containing multiple nitric oxide-donating NCEs, which are in clinical development with partners for the treatment of diseases, such as hypertension, glaucoma and Chronic Obstructive Pulmonary Disease (COPD).
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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