Navigation Links
Edison Expands North American Healthcare Sector Coverage With Initiation of Coverage on Bellus Health
Date:5/31/2013

LONDON, May 31, 2013 /PRNewswire/ --

Edison Investment Research, a leading international investment research firm, announces the initiation of full coverage of Bellus Health (TSX: BLU), a Canadian pharmaceutical company developing drugs for amyloid-related diseases.

Edison has recently published a comprehensive report examining the investment merits of Bellus Health, focusing on the company's lead programme, Kiacta, currently in a pivotal Phase III trial for amyloid A (AA) amyloidosis, an orphan drug indication affecting up to 50,000 patients worldwide. In the report, Pivotal play in rare kidney disease, Edison's Canadian-based healthcare analyst, Pooya Hemami , argues that Bellus' investment case is underpinned by Kiacta's 60% probability of success in the pivotal study (based on positive trends in a previous Phase II/III study), the potential for premium pricing and a seven- to-10-year orphan drug market exclusivity period. With the Kiacta trial results not expected until 2017, a long-term view is required, but importantly, Bellus is fully funded until the data read out. Based on a risk-adjusted NPV analysis, Edison values Bellus at C$31m, or C$0.74 per share (fully diluted).

     (Logo: http://photos.prnewswire.com/prnh/20130417/608168)

For the full report see: http://www.edisoninvestmentresearch.com/research/company/bellus-health

The launch of coverage on Bellus Health is part of a programme of research initiations on healthcare companies worldwide. Edison provides research coverage on more than 130 healthcare companies in Europe, North America and Australia. Edison has pioneered a scientific, detail-oriented approach to analysing companies in the healthcare sector that is delivered in a concise and non-promotional manner. It aims to inform investors, while providing a realistic assessment of the competitive strengths and threats to key drug development programmes. All facts are carefully sourced and the analysis is underpinned by comprehensive and rigorous financial models. Edison's reports provide an overall company valuation without any specific stock recommendation.

All reports published by Edison are available to download free of charge from its website http://www.edisongroup.com.

About Edison Investment Research

Edison, the investment intelligence firm, is the future of investor interaction with corporates. Our team of over 100 analysts and investment professionals works with leading companies, fund managers and investment banks worldwide to support its capital markets activity. We provide services to more than 400 retained corporate and investor clients from our offices in London, New York, Berlin, Sydney and Wellington. Edison is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584).

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

About Bellus Health

Bellus Health is a Canadian pharmaceutical company developing drugs for amyloid-related diseases. Its lead candidate, Kiacta, is in a pivotal Phase III trial for amyloid A (AA) amyloidosis. BLU8499 is expected to start a Phase IIa study in Alzheimer's disease in 2014. Vivimind, a nutraceutical product for memory support, is marketed through distribution agreements with multiple partners in several countries, including Italy, Canada and Greece. For more information, visit http://www.bellushealth.com.

For more information please contact:
Pooya Hemami , Edison Investment Research, +1-514-475-2384
healthcare@edisongroup.com


'/>"/>
SOURCE Edison Investment Research
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Edison Pharmaceuticals, Inc. signs licensing agreement with Dainippon Sumitomo Pharma Co., Ltd. for development & commercialization of orphan mitochondrial and adult central nervous system disease drugs
2. Edison Pharmaceuticals & Bambino Gesu Childrens Hospital Announce Initiation of EPI-743 Phase 2 Cobalamin C Deficiency Syndrome Clinical Trial
3. Samsung Medison Showcases New Medical Equipment and Technology with Samsung Electronics at RSNA 2012
4. Edison Pharmaceuticals Closes $20M Series F Financing
5. Edison Pharmaceuticals Announces Initiation of EPI-743 Phase 2B Leigh Syndrome Clinical Trial
6. Massive Hiring Event for Life Science Professionals in Edison, NJ on 9/18/12
7. Edison Pharmaceuticals Announces Positive Results of EPI-743 Phase 2A Leigh Syndrome Clinical Trial
8. EMA Grants Orphan Designation to Edison Pharmaceuticals for EPI-743 for Treatment of Leigh Syndrome
9. Carolinas HealthCare System and Edison Nation Collaborate to Drive Medical Innovation and Technology
10. Diabecline Antibiotic Receives Edison Award for Best New Pharmaceutical Product
11. QIAGEN Expands Pipeline of Promising New Biomarkers for Development of Personalized Healthcare Companion Diagnostics
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... 2016 According to a new ... Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, ... Mode of Purchase (Retail, Non-Retail) - Trends & Global ... the market for the forecast period of 2016 to ... Billion by 2021 from USD 1.65 Billion in 2016, ...
(Date:6/23/2016)... , June 23, 2016 Research ... Devices Global Market - Forecast to 2022" report to ... the treatment method for the patients with kidney failure, it ... excess fluid from the patient,s blood and thus the treatment ... potassium and chloride in balance. Increasing number ...
(Date:6/23/2016)... 2016 Research and Markets has announced ... Analysis 2016 - Forecast to 2022" report to their ... contains up to date financial data derived from varied research ... trends with potential impact on the market during the next ... which comprises of sub markets, regional and country level analysis. ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... TherapySites, ... today its affiliation with Tennessee Counseling Association. This new relationship allows ... the Tennessee Counseling Association, adding exclusive benefits and promotional offers. , "TCA is ...
(Date:6/27/2016)... NY (PRWEB) , ... June 27, 2016 , ... ... using cutting edge technology to revolutionize the emergency ambulance transport experience for the ... are aware of how Uber has disrupted the taxi industry through the use ...
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in ... ways they remain in the eye of the beholder, according to experts who offered ... The American Journal of Managed Care. For the full issue, click here . ...
(Date:6/26/2016)... , ... June 26, 2016 , ... Pixel Film Studios ... X. , "Film editors can give their videos a whole new perspective by using ... - CEO of Pixel Film Studios. , ProSlice Levels contains over 30 Different ...
(Date:6/26/2016)... ... ... Kasmer, a legally blind and certified personal trainer is helping to develop a weight loss ... plans to fix the two major problems leading the fitness industry today:, ... , They don’t eliminate all the reasons people quit their exercise program ...
Breaking Medicine News(10 mins):