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Hardman & Co Research (STX)


Friday 20 August, 2021

Hardman & Co Research

Shield Therapeutics (STX) - Focused on US market penetration

Hardman & Co Research
Hardman & Co Research: Shield Therapeutics (STX) - Focused on US market penetration

20-Aug-2021 / 11:08 GMT/BST

Hardman & Co Research: Focused on US market penetration

Shield Therapeutics (Shield) is a commercial-stage pharmaceutical company delivering specialty products that address patients' unmet medical needs, with an initial focus on treating iron deficiency (ID). Accrufer(R) has just been launched in the US by Shield, where the initial aim is to greatly improve market awareness of its differentiating characteristics as an oral ID drug. In other territories, Feraccru(R) is being commercialised through licensing and partnerships. The US market has enormous potential, but, even on conservative forecasts with respect to market penetration, Shield is forecast to become profitable and cash-generative in 2023.

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End of Announcement - EQS News Service

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