Report
Martial Descoutures

L'association supérieure à la monothérapie - NEUTRE - OC 112€

Comme attendu, le groupe allemand publiait ce week end lors du congrès de l’ESC les résultats complets de l’étude COMPASS évaluant Xarelto à l’aspirine. Les résultats ne se révèlent pas aussi limpides que nous pouvions l’anticiper. La combinaison Xarelto (2,5mg 2x/jr) plus aspirine permet de réduire de -22% le risque de mort cardiovasculaire et de -42% le risque d’AVC (le risque de réduction du critère composite diminue de -24%). Cependant, malgré ces résultats probants qui permettront de favoriser cette posologie, Xarelto en monothérapie n’a montré aucune différence statistiquement significative vs aspirine. Ce dernier aspect risque de peser sur la valeur aujourd’hui.
Underlying
Bayer AG

Bayer is a life sciences group based in Germany. Co.'s operations are organized along three divisions: Pharmaceuticals (engaged in prescription pharmaceuticals for cardiology and women's healthcare); Consumer Health (engaged in non-prescription products in dermatology, dietary supplement, analgesic, gastrointestinal, allergy, cold and flu, foot care, sun protection and cardiovascular risk prevention categories); and CropScience (engaged in the development of seeds and plant traits; crop protection; and for gardens, the green industry and non-agricultural pest control). Co. also maintains an Animal Health business unit engaged in the development of products for farm and companion animals.

Provider
Invest Securities
Invest Securities

Since 2006, Invest Securities has become one of the leading players in investment services for funds and managers, to whom we offer a global and personalised service. Our track record differentiates us and proves our leadership in numerous promising sectors like property and growth companies.

Consisting of 13 different profiles (pharmacist, engineer, financier, etc), the DNA of our financial analysis office is value added and sector expertise. Through daily monitoring and detailed analyses of companies and sectors, we seek to provide a differentiating vision of our 120 stocks followed. Our ideas are circulated every day to nearly 1,000 professionals.

Analysts
Martial Descoutures

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