AN1 0.00% 0.8¢ anagenics limited

new research link , page-2

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    1st part bazyou1 reads good this cr i believe will come with positive news all good imo
    Summary - Cellmid started year 2013 on a positive note with major updates on their hair loss
    and therapeutic programs. We are not surprised to see strong share price action as company
    performed extremely well: a) posting first sales for the hair loss product that exceeded our
    expectations, b) providing major update on the first therapeutic indication showing strong
    preclinical data, c) obtaining a new option to license agreement for its proprietary anti-midkine
    diagnostic antibodies for validation on Fujikura's latex platform, providing a strong validation
    of midkine’s future potential in the diagnostic space.
    We update our Price Target to A$0.072 primarily based on the fact that the company is now
    only a few months away from receiving a milestone payment and initial royalty revenues from
    the commercial launch of Lung Dx (by Quest Diagnostics) and Cxbladder (by Pacific Edge
    Biodiagnostics). We also update our view on commercial opportunity of evolis®
    hair loss
    product as first sales numbers exceeded our original estimates.
 
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