Report

Initiation: No time like the Pres(ci)ent

Prescient acquired two promising cancer compounds that target major tumour survival pathways in 2014. The most advanced compound, PTX-200, is in Phase Ib/II trials in breast and ovarian cancers; interim data from the breast cancer study are expected in early 2016. Three additional Phase Ib/II trials are scheduled to start by June 2016, subject to funding. We value Prescient at A$35m or A$0.66 per share.
Underlying
Prescient Therapeutics

Prescient Therapeutics is a holding company. Through its subsidiaries, Co. is engaged in: the construction of vectors and biologic components, and the manufacture of biologic drugs for clinical trial purposes; the preparation for and conduct of clinical trials; business development associated with the promotion of its technologies; and business development associated with developing collaborative, partnership relationships and corporate transactions.

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.

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