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Saniona: Tesofensine receives favorable opinion - Redeye

Redeye is positively surprised by the favorable opinion for Tesofensine as an obesity treatment in Mexico by the technical committee of its regulatory agency. The opinion is non-binding and part of the regulatory process. We have lately seen this asset as a bonus only considering the lengthy decision-making process and lack of transparency. Saniona has the right to royalties of the sales from its partner Medix. We expect a positive reaction in the share price and will review our take on the asset following this breakthrough.

Redeye is positively surprised by the favorable opinion for Tesofensine as an obesity treatment in Mexico by the technical committee of its regulatory agency. The opinion is non-binding and part of the regulatory process. We have lately seen this asset as a bonus only considering the lengthy decision-making process and lack of transparency. Saniona has the right to royalties of the sales from its partner Medix. We expect a positive reaction in the share price and will review our take on the asset following this breakthrough.
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