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Egetis Therapeutics: Impressive recruitment - Redeye

Redeye is impressed by the recruitment of Dr. Thomas Lönngren, former Head of EMA (2001 -2010), as the new Chairman. For a small biotech like Egetis, it is a clear validation of its strategic direction and the quality of the project portfolio. Also, we believe the new Chairman will add instrumental regulatory expertise, especially as Egetis is in late-stage clinical development.

The news supports our positive view of the people quality in Egetis, and we reiterate our base case of SEK 19.
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