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Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Ryan Jackson
CEO | Newlox Gold Ventures Corp.
60 Laurie Crescent, V7S 1B7 West Vancouver (CAN)

info@newloxgold.com

+1 778 738 0546

Newlox CEO Ryan Jackson on building a green gold producer with a rapid growth trajectory


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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


04. December 2019 | 16:10 CET

MagForce AG - systematic development creates trust

  • Nanomedical
Photo credits: pixabay.com

MagForce AG, headquartered in Berlin, is a leading company in the field of nanomedicine with a focus on cancer therapy. The so-called NanoTherm therapy developed by it would be suitable for the local treatment of almost all solid tumours. The treatment is carried out using heat generated by activating injected superparamagnetic nanoparticles. The components of this therapy have EU-wide certification for the treatment of brain tumours. The aim of this novel cancer therapy is to establish itself as a further pillar of cancer therapy alongside conventional therapy methods such as surgery, radiation therapy and chemotherapy. According to available data, NanoTherm therapy shows promising efficacy and is also well tolerated.

time to read: 1 minutes by Mario Hose


 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Notable demand in the USA starting 2021

Magforce AG is covered by GBC and the results for the first six months of 2019 are in line with analysts' expectations. Based on the European roll-out and the expected further development of the MagForce technology for prostate cancer treatment in the US, GBC's experts anticipate an increase in revenues from the coming fiscal year, but significant revenues should not be generated until 2021.

Insurance reimbursement

In Germany, the reimbursement of costs is to be promoted, thus increasing the number of treatments. MagForce AG can already report initial successes here. While up to now a patient-specific reimbursement has been obtained, the treatment centers will be able to negotiate the budgets with the health insurance companies in the future due to the increasing number of cases. However, the issue of cost reimbursement will continue to be pursued in the coming financial years.

GBC confirms rating and price target

As there are no changes in the assumptions compared to their last research study dated 10. September 2019, the analysts of GBC confirm their sales and earnings forecasts. According to their expectations, the break-even point at all earnings levels should not be reached until the strong sales increase following the approval for prostate cancer treatment in the USA in the financial year 2021. On the basis of the unchanged forecasts and the unchanged DCF valuation model, they confirm the price target of EUR 13.50. Based on the current share price, they thus continue to award the BUY rating.


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



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