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Hardman & Co Research
Hardman & Co Research: Good demand for Feraccru in Europe Shield Therapeutics (STX) is a commercial-stage company delivering specialty products that address patients' unmet medical needs, with an initial focus on treating iron deficiency (ID) with ferric maltol. Recent news that the FDA had approved this drug for a broad indication opened up a market in the US currently worth over $1bn p.a. - a US partnership deal is expected in 2020. A 2019 trading update showed STX's performance to be in line with expectations, with £0.6m in sales-related revenue from Norgine's sales of Feraccru in Europe and £2.3m in milestones. STX's cash runway extends into 2021, in the absence of a US deal. Please click on the link below for the full report: If you are interested in meeting the company, you can register your interest by clicking on the above link
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962357Â Â 28-Jan-2020Â
