Report

Update: Remimazolam; US clinical and cost benefits

Paion is preparing to start pivotal studies of short-acting sedative remimazolam in the US and Europe based on strong cumulative clinical evidence. The good safety profile of the product and changes to reimbursement rules, in our view, increase the incentive for specialists to use remimazolam during procedural sedation in place of approved product propofol. We have increased our DCF valuation to €176m from €170m.
Underlying
Paion AG

Paion is a holding company. Through its subsidiaries, Co. is a biopharmaceutical company focusing on developing and commercializing drugs to be used in out-patient and hospital-based anesthesia, sedation and critical care services. Co.'s key compound is Remimazolam, an intravenous ultra short-acting and controllable anesthetic/sedative drug candidate in advanced stages of development for use in procedural sedation and general anesthesia.

Provider
Edison Investment Research
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.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch