Edison Investment Research - Diurnal Group (DNL) Diurnal Group - Leveraging the known pathway

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Edison Investment Research

Sean Conroy

Diurnal Group - Leveraging the known pathway

Diurnal has announced the extension of its existing marketing and distribution agreement with EffRx Pharmaceuticals, to include Efmody (in addition to Alkindi) in Switzerland. The agreement is in line with Diurnal’s strategy to leverage Alkindi’s supply chain and distribution network for Efmody and we expect more such agreements in the near future. After filing a market authorisation application (MAA) to Swissmedic in H222, EffRx expects the product to be launched in 2024. Further, on 20 April Diurnal announced that it has extended its marketing agreement (for Alkindi and Efmody) with Er-Kim to add Greece, Cyprus and Malta to the existing markets (Turkey, Romania and Bulgaria).

26/04/2022 1 EN

Underlying

Diurnal Group

Diurnal Group is a pharma company developing products for the life-long treatment of chronic endocrine conditions. Co. is focused on addressing clinical and patient needs in hormone replacement, initially by developing and marketing products for the rare orphan diseases congenital adrenal hyperplasia and adrenal insufficiency. Co.'s products include Infacort®, an immediate-release hydrocortisone preparation targeting Adrenal Insufficiency (including Congenital Adrenal Hyperplasia) in children under six years of age in Europe and 16 years of age in the U.S.; and Chronocort®, a modified-release hydrocortisone preparation, initially targeting Congenital Adrenal Hyperplasia in adult patients.

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GB00BDB6Q760 London Stock Exchange Tanzania

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Sean Conroy

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Diurnal Group - Leveraging the known pathway

Diurnal Group - Termination of coverage

The Hardman & Co Monthly: September 2022

Diurnal Group - Proposed acquisition by Neurocrine Biosciences

Manx Financial Group - Termination of coverage

musicMagpie - Termination of coverage

Topps Tiles - Accelerating growth through Q125

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