Västra Hamnen: ViroGates - Success in anakinra study
Västra Hamnen Corporate Finance has published a research update on ViroGates following its report for Q1 2021 and the result of the phase III anakinra study. The successful study suggests accellerated sales growth and we raise our valuation interval, writes Västra Hamnen.· Q1 revenue and net loss slightly weaker than our estimates · Anakinra success should accelerate demand and we raise our forecasts · New valuation interval of DKK 115.00 – 180.00 (DKK 104.20 – 162.00) per share Last week’s release of ViroGates’ Q1 report contained no big surprises. Revenues were slightly lower