Half Year Results 

Shield Therapeutics rebounds

Shield Therapeutics rebounds

When a pharmaceutical company announces unexpected data from a clinical trial, investors tend to panic. Such was the case in early February 2018 when Shield Therapeutics’ (STX) iron deficiency treatment Feraccru produced a surprisingly disappointing result in a final phase US trial. Having sifted through the data and found that the problems were isolated to a handful of patients who had violated the study’s protocol, Shield had gained permission from US regulators to proceed with a new drug application by the end of February. But the damage was done. Shield had lost 84 per cent of its value in one month.

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