Isofol Medical (Q1 Review): Tailwind despite slower recruitment - Redeye

Redeye provides a research update following the Q1 report recently published by Isofol. Overall, the report was largely in line with our estimates, with only a slightly higher OPEX than anticipated. Bolstered by encouraging interim data from the phase Ib/II study and a strengthened cash position through the recent warrants exercise, we continue to have a positive outlook on the case despite the somewhat slower-than-expected recruitment rate. We reiterate our base case valuation of SEK1.9.

Länk till analysen i sin helhet: https://www.redeye.se/research/1163231/isofol-medical-q1-review-tailwind-despite-slower-recruitment?utm_source=finwire&utm_medium=RSS