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Crossject

CR
Bloomberg   ALCJ FP
Supergenerics  /  France  Web Site   |   Investors Relation
Things get going
Target
Upside 463%
Price (€) 2.02
Market Cap (€M) 73.8
Perf. 1W: -1.94%
Perf. 1M: -34.6%
Perf. 3M: -61.2%
Perf Ytd: -59.4%
10 day relative perf. to stoxx600: -0.29%
20 day relative perf. to stoxx600: -33.9%
Latest06/01/2024

Marketing initiative in the US

The group has engaged a supplier in the US to provide support for the pre-launch and launch activities.


Fact

Crossject has announced it has engaged Syneos Health, an integrated biopharmaceutical solutions organization, to prepare for the commercial launch of Crossject’s ZEPIZURE rescue therapy for epileptic seizures in the U.S.


Analysis

Syneos Health will provide support in all pre-launch and launch activities for ZEPIZURE. Syneos Health brings a US presence and expertise in commercializing new therapies for Crossject.
Since the group is approaching a regulatory filing in the US, it is quite logical and useful to strengthen the group’s local marketing power, where it is also expanding Crossject’s presence. Note that the firm won an order placed by the BARDA (Biomedical Advanced Research and Development Authority) in the US and is in the process of filing to receive FDA authorization.
This news is reassuring as it confirms that group is active and confident about obtaining this authorization.


Impact

There is no impact on our numbers from this news as such, since it simply confirms that things are going in the right direction and moving forward.


Updates

03 Apr 24 Earnings/sales releases
Patience is a virtue… hopefully

28 Feb 24 Financing issue
Securing the financing needs

08 Feb 24 Strategic Plan
No news is not always good news...

03 Jan 24 Other news/comments
A new distribution agreement in Northern Europe

27 Mar 23 EPS change
No real news in the FY22 results.

23 Mar 23 Earnings/sales releases
FY22: not much to learn from the release

26 Sep 22 EPS change
Minor changes after H1 22

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