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CCM Research analyst, Mohammad Sharifzadeh, PhD, CFA, has written an update report on Starpharma Holdings.
Starpharma Holdings, Ltd. (SPHRY: OTCQX) is an Australian-based company engaged in the development and application of dendrimer nanotechnologies as drugs and in other life science applications. Starpharma's business strategy is to use dendrimer-based nanotechnology to discover, develop and commercialize pharmaceuticals for serious human diseases and in life sciences.
In the report the analyst states that "SPHRY's lead dendrimer product, VivaGel™, addresses markets with huge potentials and stands at the forefront of global HIV/AIDS prevention strategies."
The analyst continues to state that "Starpharma has a healthy balance sheet. They have a strong cash position which can support their operating and R&D expenses should there be a shortfall in revenues. Starpharma has almost a debt free balance sheet with substantial equity which provides the company with the opportunity of external financing should the need arises." A free copy of the report can be found at http://www.ccmopportunitybase.com .
CCM Research subscribes to the "Standards for Independent Research Providers" and the principles contained in the Analyst/Corporate Issuer Guidelines jointly promulgated by the CFA Institute and the National Investor Relations Institute, described at: http://www.cfainstitute.org and http://www.niri.org .
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