Accelerating effectiveness of enlarged sales team – Biotech Investments

Hardman & Co Research

Hardman & Co Research on Shield Therapeutics (STX): Accelerating effectiveness of enlarged sales team

15-Nov-2023 / 07:30 GMT/BST

The issuer is solely responsible for the content of this announcement.

Hardman & Co Research on Shield Therapeutics (STX):

Accelerating effectiveness of enlarged sales team

 

Shield is a commercial-stage pharma company delivering specialty products that address patients’ unmet medical needs, with an initial focus on iron deficiency (ID). Since its US launch in July 2021, Shield has been increasing physician awareness of the differentiating characteristics of Accrufer® as an oral ID drug, with the aim of ramping up prescription (Rx) growth and sales traction. Positive Rx momentum in 2022 started to accelerate at the end of 1Q’23 and has continued into 3Q’23, following expansion of the Shield-Viatris commercial team. In the event that the US goals are achieved, there would be considerable upside potential to the valuation.

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https://hardmanandco.com/research/corporate-research/stx-accelerating-effectiveness-of-enlarged-sales-team/

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Contact:

Martin Hall

 

 

mh@hardmanandco.com

 

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About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.


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End of Announcement – EQS News Service

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