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Xbrane Biopharma: Ximluci Approved in the UK - Redeye

Redeye endorses that the MHRA has granted marketing authorization for Ximluci® in the UK. Today’s news is very positive as the UK is a large market, but it was also expected, considering Ximluci®already being approved in the EU. We reiterate our SEK180 base case and continue to see a pivotal year ahead of Xbrane. The EU launch of Ximluci® is imminent, and 2023 should contain several high-impact catalysts to support the share price trajectory.

Redeye endorses that the MHRA has granted marketing authorization for Ximluci® in the UK. Today’s news is very positive as the UK is a large market, but it was also expected, considering Ximluci®already being approved in the EU. We reiterate our SEK180 base case and continue to see a pivotal year ahead of Xbrane. The EU launch of Ximluci® is imminent, and 2023 should contain several high-impact catalysts to support the share price trajectory.
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