Gubra: Shares drop 4% yesterday amid pipeline news, despite the news relating to a smaller part of our pipeline valuation
Gubra's shares fell by 4% yesterday following updates on its pipeline. Boehringer Ingelheim, Gubra's partner in multiple obesity projects, has decided to discontinue the clinical obesity project NYP2. Besides NYP2, Gubra and Boehringer Ingelheim are collaborating on one Phase 1 projects and two preclinical project. In our valuation model, we have attributed the highest value to Gubra's own projects, UCN2 and Gubamy (Amylin), while the pre-clinical projects make up a smaller part of our aggregate value for Gubra’s other pipeline projects, with Boehringer (now three), the hemophilia project with Hema, and other preclinical projects. Consequently, today’s announcement affects only a minor part of the valuation for Gubra’s Discovery & Preclinical (D&P) business segment.
The two largest risks for Life Sciences companies are capital and pipeline strength. Gubra is well-capitalized and boasts a broad and robust pipeline across multiple areas.
Read our latest One-Pager here: Gubra: One-pager - september 2024
Disclaimer: HC Andersen Capital receives payment from Gubra for a Digital IR/Corporate Visibility subscription agreement. /Claus Thestrup 9:05 AM 01-11-2024.
Gubra
Gubra er en medicinalvirksomhed. Virksomhedens aktiviteter er fokuseret på de tidlige stadier af lægemiddeludvikling. De udfører hovedsageligt forskning og udvikling inden for stofskifte- og fibrotiske sygdomme.Virksomhedens produktportefølje omfatter flere brands og lægemidler, og aktiviteterne foregår på globalt plan med den største tilstedeværelse i Nordamerika og Norden. Hovedkontoret ligger i Hørsholm, Danmark.
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