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Hardman & Co Research on Shield Therapeutics (STX): Focusing on successful execution

Hardman & Co Research
Hardman & Co Research on Shield Therapeutics (STX): Focusing on successful execution

11-Sep-2024 / 12:25 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on Shield Therapeutics (STX):

Focusing on successful execution

 

Shield is a commercial-stage pharma company delivering specialty products that address the unmet medical need of patients with iron deficiency (ID). Since its July 2021 US launch, Shield and Viatris have increased physician awareness of the differentiating characteristics of ACCRUFeR® as an oral ID drug, in order to generate sales traction. 1H’24 results have confirmed that sales continue to progress well, while costs have been closely controlled. Management is focused on successful execution and reaffirmed its view that the gross cash position coupled with expected growth will be sufficient to see Shield through to cashflow-breakeven in 2H’25.

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https://hardmanandco.com/research/corporate-research/focusing-on-successful-execution/

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Contact:

Dr Martin Hall



 

 

mh@hardmanandco.com

 

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The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1986203  11-Sep-2024 

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