4SC AG
Original-Research: 4SC AG (von EQUITS GmbH): –
Original-Research: 4SC AG – von EQUITS GmbH
Einstufung von EQUITS GmbH zu 4SC AG
Unternehmen: 4SC AG
ISIN: DE000A14KL72
Anlass der Studie: Peergroup Analyse, Initial
Empfehlung: –
Kursziel: –
Kursziel auf Sicht von: –
Letzte Ratingänderung: Initial
Analyst: Thomas Schiessle, Daniel Grossjohann
12.16.2015
EQUITS GmbH continues its innovative Research series.
„EQUI-Peer Biotech – Cancer therapies provides a peer group comparison on
drug discovery companies (focus on cancer immunotherapy, HDAC inhibitors).
Important milestones ahead.
In this issue of their EQUI-PEERS research series, the analysts from EQUITS
GmbH examine the attractiveness of equity investments in specialised
biotech and pharmaceutical companies that develop highly innovative drugs
for treating cancer in humans, focusing in particular on epigenetics and
immunotherapy. Initial market approvals of these novel drugs have spurred
hope – also on the stock exchange. The M&A cycle is also starting to turn
in this rapidly growing segment. Of particular interest are potential drugs
that use what are known as HDAC inhibitors (HDACi), an attractive class of
epigenetic compounds that have already shown general clinical efficacy
against solid and haematological tumours in mono- and combination therapy
and have received initial approval. A number of listed drug development
companies – with market capitalisations of up to US$ 600 million – focus on
this innovative class of compounds. EQUITS GmbH conducted a comparative
analysis of the six most interesting securities.
The study revealed that the two European biotech companies, 4SC AG (WKN
(German SIN): A14KL7) and Onxeo S.A. (WKN: A0HMXA), are valued much lower
than their US peers, (Mirati Therap. (WKN: A1W1XV), Epizyme Inc. (WKN:
A1T9L2), MEI Pharma Inc. (WKN: A1KATX) and Curis Inc. (WKN: 940909)). Buy
recommendations of the analysts feature prominently on both sides of the
ocean though the trend in the upside targets is marked by a more volatile
overall situation (debate about whether to raise US interest rates).
4SC AG (ISIN DE000A14KL72) is the company with by far the greatest
potential.
According to the analysts, the EQUITS study showed that while the peer
companies are very similar in terms of their equity ratios, there are large
discrepancies in their stock market valuations, particularly when the
development pipeline is used as a benchmark. It is not so much the number
of projects but rather other criteria applied by the stock exchange as the
basis for an investment that cause this variation, the analysts commented.
The comparative analysis shows investment opportunities in mid-stage
biotech firms. The situation will be particularly exciting in 2016, with
various Phase II studies being conducted and initial results published.
According to the EQUITS analysts it will then be possible to estimate
opportunities and risks of further development in the peer group with much
greater precision. In this connection, 4SC is expected to generate a highly
interesting news flow with resminostat in the coming year.
According to the consulting firm Visiongain, the global epigenetics market
will reach a volume of around $4.3 billion in 2018 (2014: $2.5 billion). In
the second wave since 2014, two HDACi drugs – belinostat (Beleodaq®) and
panobinostat (Faridak®) – have already received market approval. According
to the comparative study presented, others are positioned extremely
promisingly, mainly for combination therapies, including a series of
candidates that are currently in clinical trials, such as resminostat,
entinostat, pracinostat and mocetinostat.
NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, WHETHER DIRECTLY OR
INDIRECTLY, IN FULL OR IN PART, WITHIN OR TO THE UNITED STATES, AUSTRALIA,
CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER COUNTRIES IN WHICH DISTRIBUTION
OF THIS NEWS RELEASE IS ILLEGAL.
The above mentioned research is available on:
http://www.equits.com/#!equi-peers/c1621
For further information please visit our homepage www.equits.com
Die vollständige Analyse können Sie hier downloaden:
http://www.more-ir.de/d/13449.pdf
Die Analyse oder weiterführende Informationen zu dieser können Sie hier downloaden
www.equits.de.
Kontakt für Rückfragen
Contact:
Thomas J. Schießle
EQUI.TS GmbH
Am Schieferstein 1
D-60435 Frankfurt am Main
Germany
T: +49 (0) 69 95 45 43 60
F: +49 (0) 69 95 45 43 61
www.equits.com
——————-übermittelt durch die EQS Group AG.——————-
Für den Inhalt der Mitteilung bzw. Research ist alleine der Herausgeber bzw.
Ersteller der Studie verantwortlich. Diese Meldung ist keine Anlageberatung
oder Aufforderung zum Abschluss bestimmter Börsengeschäfte.
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden