Aug 09th 2012 - Edison Investment Research today published a report on paion entitled "Sealing The Deal In China". In summary, the report says:
Formalisation of Paion’s out-licensing agreement with Yichang for the Chinese rights to short-acting anaesthetic remimazolam brings a modest financial benefit and provides some flexibility while the company identifies suitable new assets to add to its anaesthetics and critical care portfolio. Acquisition of German distribution rights to the first of these additional assets, ultra-short acting anaesthetic remifentanil, were recently announced. The increase in the proportion of day-case and minimally invasive surgeries is driving the use of short-acting general anaesthetics such as remimazolam. We have increased our valuation to €54m from €44m.
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