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Analyst Comment

Ascelia Pharma: Wrap up from interview with Deputy CEO Julie Waras Brogren

Ascelia Pharma

Ascelia Pharma's shares rose by more than 5 percent yesterday ahead of the first day of the subscription period for the company's rights issue, which starts today. Last Friday, Ascelia Pharma published the prospectus for the issue, aiming to raise up to SEK 105 million, with nearly 70 percent of the amount guaranteed. The company participated in an event with HCA Capital yesterday in connection with the issue, where Deputy CEO Julie Waras Brogren explained the background and timing of the capital increase. You can watch or rewatch the event here: Interview med CEO Julie W. Brogren

Further investment perspectives ahead of the issue, you can view our updated One-Pager on Ascelia Pharma via the link below, where it is assessed that the company's share price only reflects about a 10 percent probability that the company's Orviglance product will be successfully launched: One-pager

Disclaimer: HC Andersen Capital receives payment from Ascelia Pharma for a Digital IR/Corporate Visibility subscription agreement. /Claus Thestrup 08:20 AM 20-08-2024.

Ascelia Pharma

2.59SEK19.08.2024, 18.00

Ascelia Pharma is a Swedish biotech company with a focus on orphan oncology treatments. They develop and commercialize novel drugs that address unmet medical needs and have a clear development and market pathway. Currently, Ascelia pharma has two pipeline products, namely Orviglance and Oncoral. Orviglance is a novel contrast agent for MR-Imaging developed to improve the detecting and visualization of focal liver lesions (Including liver metastases – and primary tumors) in patients with reduced kidney function. Oncoral is a daily tablet with an established potent anti-tumor effect – even in difficult to treat cancers with the potential to offer better patient outcomes with improved safety following a daily tablet treatment compared to intravenous high-dose infusions at the hospital. Ascelia Pharma is listed on Nasdaq Small Cap Stockholm with ticker ACE.

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Husk at læse hele vores research disclaimer på https://www.inderes.dk/disclaimer. Dansk: Ascelia Pharma er et svensk biotechselskab med fokus...
10/17/2022, 7:59 AM
by Olivier A. de Goeij
0
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