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Shield Therapeutics: 'US talks ongoing with progress being made'

Proactive Research analyst Emma Ulker says US partnering discussions at Shield Therapeutics (LON:STX) are progressing and it's a key factor given that the US represents around 70% of the US$3bn global iron replacement market.

Ulker adds that the balance sheet was recently bolstered by an US$11.4mln milestone payment from China partner ASK Pharm, providing liquidity in the months ahead to negotiate potential uncertainty owing to the coronavirus crisis.

Click here to read Emma Ulker's latest research on Shield Therapeutics

Quick facts: Shield Therapeutics PLC

Price: 143 GBX

Market: LSE
Market Cap: £167.58 m

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