Mar 07th 2013 - Edison Investment Research today published a report on quickview entitled "Cash Dash For NASH". In summary, the report says:
Genfit’s future success pivots on its ability to secure adequate funding for the ongoing Phase IIb trial of its lead product, GFT505, in non-alcoholic steatohepatitis (NASH). Some €25m is being sought to move the PPAR α/ agonist to ‘Phase III-ready’ stage. The robust Phase I/IIa package, the relative paucity of competition, and the lack of an approved treatment should make it an attractive asset to fund and/or partner. While the high prevalence of NASH implies a substantial opportunity, identifying patients for treatment may represent a challenge without a simple diagnostic test to fully open the commercial potential of this market.
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