Phylogica - Seeking Phylomer partnerships
Jan 23rd 2013 - Edison Investment Research today published a report on Phylogica entitled "Seeking Phylomer Partnerships". In summary, the report says:
Phylogica’s outlook depends on management’s ability to attract further drug discovery collaborations. Fewer new partnerships have been concluded than expected, but the expansion of Phylogica’s library of Phylomers should aid the formation of new alliances. The potential of therapeutic peptides is gaining appeal as they appear to combine the best characteristics of small molecules and monoclonal antibodies, and Phylomers are a particularly interesting class of peptide due to their diversity and stability. The delays mean we have lowered our valuation to 5.4c (from 5.6c).
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