Report
Jean-Jacques Le Fur

TRANSGENE: Failure of TG4010 – Value remains in the technology platforms | CORPORATE | EUR3,2 vs. EUR6,5 (+62%)

TRANSGENE - CORPORATE | EUR3,2 vs. EUR6,5 (+62%)
Failure of TG4010 – Value remains in the technology platforms

No additional efficacy seen with TG4010 combined with Opdivo
Next step is in H1 2020
Value still lies in the technology platforms – FV EUR3.2 vs EUR6.5
Underlying
Transgene SA

Transgene is a biopharmaceutical company that designs and develops immunotherapy and virotherapy products for the treatment of cancers and infectious diseases. Co. is developing three anti-cancer products that are in clinical trials: (cancer of the lungs, liver and oropharynx); two anti-infectious immunotherapy products also in clinical trials: (hepatitis B and C). Co. also has products in the pre-clinical development stage. Co. operates in a single business segment, the research and development of therapeutic vaccines and immunotherapy products. Co. does not have any products on the market. Substantially all of its operations are conducted in France.

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
Jean-Jacques Le Fur

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