27 Oct 2016 07:15
Hardman Research: Get the Rhythm
Get the rhythm: Diurnal is a clinical stage specialty pharmaceutical company focused on diseases of the endocrine system. It has two lead candidates - Infacort® and Chronocort® - in Phase III trials targeted at rare diseases with unmet medical need with which it aims to build a long-term 'Adrenal Franchise'. The cortisol replacement market is for conditions that need life-long treatments, with a potential value of $3.5bn. Despite this, the market is characterised by few competitors, and Diurnal will target a network of specialist endocrinology centres in Europe and US by itself. Upcoming newsflow on trials and regulatory filings will draw attention to the stock.
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http://hardmanandco.com/docs/default-source/company-docs/diurnal-ltd-documents/27.10.16-get-the-rhythm.pdf
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