Redeye: Scandion Oncology Q2 2024 - Partnership represents best hope
Redeye comments on Scandion Oncology’s Q2 2024 report, shortly after the company announced that its CORIST part 3 extension trial reached MTD. The company has intensified its partnering outreach, and we judge a potential partnership or similar is its best hope of advancing SCO-101’s clinical development. Scandion raised gross proceeds of cDKK20.0m through its recent rights issue, while issue-related expenses amounted to cDKK5.9m or c30% of gross proceeds. We adjust our estimates and do some housekeeping in our model.
Read more and download the Research Update.
Follow companies at Redeye to receive the latest equity research within Life Science and Technology.
This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/