Patersons recommends Eastland
The lead manager of two Eastland Medical capital raisings last year, Patersons, has updated its research note on the malaria treatment developer.
Patersons has recommended Eastland as a speculative buy with a 29c price target in a research note published on the Eastland website.
The report notes that a Phase 2a clinical trial of Eastlands ArTiMist treatment met primary efficacy parameters.
Perth-based Eastland recently drew criticism for its quiet decision to complete a Phase 2 study before moving on to Phase 3 clinical research.
Patersons recommends Eastland The lead manager of two Eastland...
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