Report
Eric Le Berrigaud

Initiation of coverage | ONXEO | A highly differentiated play in the DDR field

DNA Damage Response is a very interesting approach to treating cancer, which has become reality with the introduction of a first class of drugs known as PARP inhibitors. Not only have they created a market which is already worth USD2bn and still growing rapidly with the addition of new indications, but they have also been the subject of fierce M&A battles between large pharma companies. Pfizer outbid Sanofi to buy Medivation, GSK bought Tesaro and AZ shared Lynparza with Merck. In each case, billions of dollars were at stake.
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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
Eric Le Berrigaud

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