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Shield Therapeutics (STX): Good demand for Fera...
Shield Therapeutics (STX): Good demand for Fera....
About this update from Shield Therapeutics Plc
[{"type":"text","content":"\n \n\n\nHardman & Co Research\n\n\n\nHardman & Co Research: Shield Therapeutics (STX): Good demand for Feraccru in Europe28-Jan-2020 / 12:15 GMT/BST\n\n\nHardman & Co Research: Good demand for Feraccru in Europe\n\nShield 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.\n\nPlease click on the link below for the full report:\n\nhttps://www.hardmanandco.com/research/corporate-research/good-demand-for-feraccru-in-europe/\n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link\n\n\n To contact us:\n\n Hardman & Co35 New Broad StreetLondonEC2M 1NH\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Martin Hall+44 20 7194 7632\n \n \n  \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: For the past 25 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case. \n\nHardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is...