e-Therapeutics - Cancer Drug Making Good Progress

e-Therapeutics Cancer Drug Making Good Progress e-Therapeutics has announced that clinical trials of its cancer drug ETS2101 remain on track and that no patient has, so far, experienced any serious drug-related adverse effects. We are encouraged by this announcement as it provides further assurance that the findings to date suggest good tolerability, bringing the potential blockbuster drug candidate a step closer to reaching the market. As the group now moves to further escalate doses, our stance firmly remains as a buy. Click to Download Full Report Table: Financial overview Year to 31st Jan 2011A 2012A 2013E 2014E Revenue (£000) 0 0 0 0 PBT (£000) (2,655) (3,863) (6,100) (6,300) EPS (p) (3.5) (2.5) (3.7) (3.8) Dividend (p) 0.0 0.0 0.0 0.0 Source: GECR and company Buy Target price 95p Key data Share Price 35.50p 52 week high/low 44.00p / 25.25p Primary exchange AIM EPIC ETX Shares in issue 138.20m Market Cap £49.06m Sector Pharmaceuticals & Biotechnology Important: All disclaimer information can be found on the last page of the document

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