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Mendus Q4 2022 - A clearer path forward

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Mendus Q4 2022 - A clearer path forward

2023-02-17 14:59:00

Redeye comments on Mendus’ Q4 2022 report, with the company presenting a way forward for lead candidate vididencel (formerly DCP-001). Further, we believe the company will need to find a more sustainable financing solution than its current convertible debt arrangement with Negma Group. We adjust our model for the company’s new development plans and current resource constraints.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/