Imperial Innovations (LON:IVO) - No pussyfooting around
Oct 10th 2012 - Edison Investment Research today published a report on Imperial Innovations (IVO.L, LSE:IVO, LON:IVO) entitled "No Pussyfooting Around". In summary, the report says:
Imperial Innovations’ largest bio/med portfolio company, Circassia, has started a pivotal Phase III trial of its lead allergy therapy. ToleroMune cat is the most advanced cat allergy programme in development and could reach the market by 2016. Trial initiation, data and potential regulatory filings (around end-2014) all mark significant potential value inflection points for Circassia and for Imperial Innovations through its 20.3% holding. Ahead of trial results in mid-2014, news flow is also expected in relation to Circassia’s wider pipeline of ragweed, dust mite and grass allergy products.
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