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Biotech / Medical : ProMetic Life Sciences

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From: axial10/13/2017 9:39:59 AM
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Panmure Gordon — ProMetic Life Sciences

'Show me a drug developer that doesn’t experience delays, I’ll show you a company that does nothing


In the table below, we have compared the pipeline of Prometic with FibroGen and Galapagos. It is clear that Prometic has a larger, more varied and advanced pipeline than either. Yet it is trading a mere C$1.1bn market cap compared with over $4bn for FibroGen and Galapagos. We believe the shares will recover strongly as news that RyplazimTM has been approved is announced later this year.'



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From zero to expected commercial launch ~3.5 years

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Jim
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