Report
Martin Hall

Diurnal Group (DNL): Aiming to become leading endocrine player

Diurnal is a commercial-stage specialty pharmaceutical company focused on diseases of the endocrine system. Its drugs target conditions where medical need is currently unmet, with the aim of becoming a global endocrine leader. Alkindi®, soon to be accompanied by Efmody®, continues to be rolled out throughout Europe. Diurnal is about to start three important clinical trials, which, if successful, will extend the commercial opportunity and deliver on its strategic goal. Its current cash resource is expected to be sufficient to complete these trials and to get Diurnal’s core commercial European cortisol deficiency franchise through to profitability.
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.

Provider
Hardman & Co
Hardman & Co

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Analysts
Martin Hall

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