Accelerated FDA pathway for CERAMENT G
Lighthouse | 23 March 2020
Trinity Delta view: Bonesupport is continuing to make excellent progress, with the FDA’s “breakthrough device” designation for CERAMENT G being the latest example. The focus on commercial execution is paying off, with global sales clearly gaining momentum. It is the restructured, and increasingly proven, US commercial platform (post-Zimmer Biomet termination) that will now launch CERAMENT G as early as 2021. Also, we believe FDA approval remains the de facto “gold standard” and that it could impart a “halo” effect to sales in existing European markets. Our valuation for Bonesupport is SEK2.27bn or SEK43.3/share.
23 March 2020
|Market Cap (SEKm)||1,120|
|Primary exchange||OMX Stockholm|
Bonesupport is a Swedish orthobiologics company focused on developing and commercialising a pipeline of unique injectable drug eluting bioceramic bone graft substitutes based on its proprietary CERAMENT technology.
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