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LSE:STX FRA:1JS

Shield Therapeutics PLC

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Market:
LSE
Market Cap:
£67.63 m
Price
57.50 GBX
Change
-5.43%
52 weeks high
165.00
52 weeks low
39.10

In brief

Shield is a de-risked, specialty pharmaceutical company focused on commercialising its lead product, Feraccru®/Accrufer®, a novel, stable, non-salt based oral therapy for adults with iron deficiency with or without anaemia. Feraccru®/Accrufer® has been approved for use in the United States, European Union, UK and Switzerland and has exclusive IP rights until the mid-2030s. Feraccru is commercialised in the UK and Europe by Norgine B.V. and the company is currently in the process of selecting a commercialisation partner for the US market. Shield also has an exclusive licence agreement with Beijing Aosaikang Pharmaceutical Co., Ltd., for the development and commercialisation of Feraccru®/Accrufer® in China, Hong Kong, Macau and Taiwan.

Snapshot

  • Developed a breakthrough iron deficiency drug 

  • Feraccru, known as Accrufer in the States, recently won approval in the US

  • Treatment awarded a broad label to treat iron deficiency in adults, significantly widening its potential audience 

  • Shield has tied up an exclusive deal in China with ASK Pharm