Commissioned Research: Saniona

Commissioned research: A pipeline play on orphan obesity

Commissioned research: A pipeline play on orphan obesity
The equity story in Saniona is mainly about Tesomet, the company’s franchise molecule addressing obesity and orphan indications, which provides exposure to attractive market opportunities that could drive income and the share. The company also has other projects in the pipeline to crystallise value. We believe cash burn should be funded into late 2020, beyond potential key pipeline catalysts.

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