Isofol Medical: Shifting focus from clinical to commercial development - DNB

Isofol Medical reported a Q2 operating loss of cSEK45m, slightly better than our expected loss of cSEK51m. The financial risk has decreased following a successful capital raise, and the end-Q2 cash position was cSEK531m. With all parts of the phase III study fully completed and a comfortable financial position, the company can now shift its focus from clinical to commercial development and we expect a ramp-up in costs as pre-commercial activity intensifies. We reiterate our fair value of SEK13–23.

Länk till analysen i sin helhet: https://www.dnb.no/seg-fundamental/fundamentalweb/GetReportSpon.aspx?file=CMPSP_180604.pdf