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Hardman Research: Further de-risking of iclaprim

31 Jan 2017 15:36

RNS Number : 6372V
Motif Bio PLC
31 January 2017
 

Hardman Research: Further de-risking of iclaprim

Further de-risking of iclaprim: Motif is a clinical stage development company focused on a best-in-class drug that targets bacteria resistant to most other commonly used antibiotics. The FDA has agreed a plan of two carefully constructed Phase III trials that will allow approval of iclaprim, opening it up to a $3.0bn market segment. The company has just achieved an important milestone with the last patient completing treatment in the REVIVE-1 trial, which keeps in on its revised (earlier) schedule to release headline data in 2Q 2017. Following a recent NASDAQ IPO and EU Placing, the company has sufficient capital to complete the first trial (REVIVE-1).

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http://hardmanandco.com/docs/default-source/company-docs/motif-bio-documents/31.01.17-further-de-risking-of-iclaprim.pdf

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About Hardman & Co: For the past 20 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case.

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This information is provided by RNS
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END
 
 
NRAUAOVRBSAAOAR
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