Quickview - Lixi prospects see saw

Monday, Feb 18 2013 by

Feb 18th 2013 - Edison Investment Research today published a report on quickview entitled "Lixi Prospects See Saw". In summary, the report says:

A surprise regulatory setback for Novo Nordisk’s Tresiba has suddenly improved the prospects for Zealand’s key partnered programme just days after they were dashed. Thus, the setback that came with the disclosure by Sanofi of a delay in the development of the Fix-Flex combination product has been somewhat offset by the delay to Novo’s competing insulin/GLP-1 agonist combination, as a result of the FDA’s rejection of Tresiba. While uncertainty remains about the development timelines for Sanofi’s combination product, the shape of the future diabetes landscape has now shifted back in its (and thus Zealand’s) direction. Furthermore, after a 20% fall, Zealand’s share price has yet to reflect this new situation.




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