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Redeye returns with a more detailed take on the Q2 report and concludes that the slow sales ramp-up is likely to spill over onto next year, by when FDA approval should be in place, opening the door for more substantial long-term sales growth. We also expect an equity issue by late H1 2023 rather than late 2023/early 2024 and have adjusted our fair value range according to our capital raise assumptions.
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