Q218 results highlight progress made in the period
Lighthouse | 23 August 2018
Trinity Delta view: BerGenBio’s broad Phase II programme with bemcentinib is advancing well, on schedule, and delivering promising initial data. The most interesting data is from the Phase II study with pembrolizumab in PD-L1 negative NSCLC patients, but it should be remembered that the Phase II programme has also identified anti-tumour activity with bemcentinib as monotherapy and in combination with targeted and chemo-therapies in various cancers.
Our valuation of BerGenBio is NOK2,519m ($296m) or NOK50.46/share.
23 August 2018
|Market Cap (NOKm)||1,997|
BerGenBio is a clinical-stage, drug development company based in Bergen, Norway and Oxford, UK. It is developing innovative anti-cancer therapies that act on the promising Axl signalling pathway. The lead oncology compound, BGB324, is in a number of Phase II trials.
Mick Cooper PhD
+44 (0) 20 3637 5042
+44 (0) 20 3637 5043
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