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Poxel: Degroof Petercam places its objective under review


(CercleFinance.com) – Degroof Petercam announced on Tuesday that it has placed its price target on Poxel under review following the presentation of positive results from a phase II study in the treatment of NASH.

The financial intermediary – which considers this to be favorable data – recalls that this announcement was the most anticipated catalyst of the year.

However, he believes that it will be necessary to wait for the publication of the histological results, expected in September, to get a more precise idea of ​​the mechanism of action of PXL065.

Degroof Petercam – which maintains a purchase recommendation on Poxel – however displays a certain caution on the file, recalling that the trials do not currently include any clinical criteria likely to justify a marketing authorization by the American FDA , such as reversal of NASH for 52 weeks without worsening of fibrosis.

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