31 Jan 2017 15:36
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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