Sucampo Pharmaceuticals - Competitive footing for Rescula
Mar 05th 2013 - Edison Investment Research today published a report on Sucampo Pharmaceuticals entitled "Competitive Footing For Rescula". In summary, the report says:
Sucampo’s launch of glaucoma drug Rescula onto the US market is its first self-commercialisation effort. Careful product positioning and a targeted commercial campaign, emphasising Rescula’s novel mode of action, should give the drug a competitive foothold in a highly competitive market. The wholesale acquisition cost (WAC) of $99 per script (30-day eye drop supply) is on a par with some branded prostaglandins (Zioptan) and is higher than our previous price assumption. We raise our peak US sales estimate for Rescula to $90m (previously $65m) and increase our valuation of Sucampo to $335m or $8.00 per share (vs $315m, $7.52 per share).
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