Report
Victor Floc’h

NICOX BUY | EUR17.5 Slight delay with NCX-470 phase III but the company remains financed by then

NICOX BUY | EUR17.5 Slight delay with NCX-470 phase III but the company remains financed by then

‘Mont-Blanc’ Phase III results are shifting into H1 2022 due to COVID
‘Mont-Blanc’ results remain the key catalyst in the mid-term
NCX4251 phase IIb results confirmed in Q4 2021
Fourth quarter business update
Underlying
Nicox SA

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).

Provider
Bryan Garnier
Bryan Garnier

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.

Analysts
Victor Floc’h

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