Copyright © Inderes 2011 - present. All rights reserved.
Log in to receive notifications.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Biosergen AB: Biosergen - Clinical study in India as a springboard - Mangold Insight Analys

21.08.2024, 08.00
Biosergen
Download the release

Biosergen has together with Indian Alkem initiated patient studies with its drug candidate BSG005 for fungal diseases. Alkem carries out the study that will last until the end of 2024. A result from the study is expected in early 2025. The clinical study is conducted in India and can lead the way for complementary studies intended for the US and the European market if successful.

Opportunities for a partnership licence deal is in reach if the current patient study is successful. There is competition, which we highlight in this analysis. However, previous studies have shown that BSG005 is a very strong and potent candidate to challenge existing and competing antifungal drugs. In this analysis we highlight studies within the field of antifungals.

Biosergen has carried out a rights issue this spring and also has the opportunity to raise additional capital in November in connection with a warrant programme. The capital is expected to be sufficient for Biosergen to prepare for future phase 2 studies. Mangold has updated the price target to SEK 2.10 (3.00) in a Base case mostly affected by an increased number of shares. This leads to an upside of over 280 percent. The trigger is positive news from the patient study. In a Bear case, the fair value is SEK 1.5 per share and in a Bull case SEK 2.8 per share.

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Privacy preferences

Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.