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Vicore Pharma: Comments on recent study data - Redeye

Redeye comments on the study data presented yesterday with C21 in patients with systemic sclerosis and Raynaud’s phenomenon.

The trial did not show a statistically significant effect in its primary endpoint AUC for rewarming of each finger.

However, there was a statistically significant effect (p=0.04) where C21 treatment displayed a restored skin temperature at the end of the 15-minute measurement period.

Following the data, we keep our already aggressive LoA assumption of 40% for C21 in IPF and SSc-ILD, but do not increase it further. We reiterate our Base case of SEK 62 per share.
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