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Nick Mather, CEO, SolGold PLC

Nick Mather
CEO | SolGold PLC
1 King Street, EC2V 8AU London (GB)

emichael@solgold.com.au

+44 20 3823 2125

SolGold CEO Nick Mather on building a major gold and copper mining company


Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


25. August 2020 | 11:56 CET

Bayer, Siltronic, XPhyto - is it worthwhile to invest now?

  • Investoren

Tuesday began with green lights for most listed companies in Germany. The opinions of analysts and company announcements make the stock prices - or they are driven by the mood of economic data. The Ifo Business Climate Index, for example, rose by 2.2 points to 92.6 points in August 2020 compared to July. The survey data is collected every month from around 9,000 companies and makes it the most important leading indicator in Germany. "The German economy is on course for recovery," Ifo President Clemens Fuest announced. In this context, stocks that still have potential are now exciting.

time to read: 1 minutes by Mario Hose


 

Study results expected in Q4

XPhyto Therapeutics Corp. this morning announced an update on its transdermal delivery system for the neurological drug Rotigotine. The German subsidiary Vektor Pharma TF GmbH ("Vektor") has completed the process implementation for the manufacture of its Rotigotine patches. The next step will be the production of clinical samples and analytical work in Vector's EU GMP laboratory and manufacturing facility in Baden-Württemberg, Germany. Human bioavailability studies in Europe are planned for Q3 2020 and results are expected in Q4 2020, the company announced.

Rotigotine approved in EU and USA

The active pharmaceutical ingredient Rotigotine can be used for the treatment of Parkinson's disease and restless legs syndrome in Europe and the United States and is approved accordingly. It is a generic and off-patent drug, usually formulated as a once-daily transdermal patch to provide a slow and steady supply of the drug over a 24-hour period.

Focus on commercialization

"Our goal is the commercialization of a low-cost Rotigotine patch with superior bioavailability and adhesion properties," said Hugh Rogers, XPhyto's CEO. "Incorporating Rotigotine into Vektor's novel transdermal drug delivery system platform is a major accomplishment. With the formula locked and manufacturing soon to commence, we look forward to the upcoming clinical studies."

Analysts adjust

At the beginning of the week Bayer had two 'Buy' ratings. The Swiss UBS issued a target price of EUR 110.00, but DZ Bank lowered the fair value of the share from EUR 79.00 to EUR 75.00. The reason for the reduction in the target price was uncertainty about the settlement of future glyphosate litigation. Siltronic's shares are now among the winners on the price lists, as Credit Suisse upgraded the rating from 'Neutral' to 'Outperform' and raised the price target from EUR 90.00 to EUR 100.00.


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