ESSA Pharma's Speculative Buy Potential: Masofaniten Promise For Prostate Cancer

Myriam Alvarez
2.58K Followers

Summary

  • ESSA Pharma Inc. is developing Masofaniten, a drug that disrupts the androgen receptor to stop prostate cancer growth, with promising results in phase 1 trials.
  • Masofaniten has the potential to overcome resistance to other standard-of-care treatments, offering a more effective option for patients with resistant prostate cancer.
  • The market opportunity for Masofaniten is substantial, with the antiandrogen therapy market generating approximately $9 billion in 2022.
  • ESSA Pharma is in strong financial health, with $135.9 million in liquidity and no financial debt, providing a long cash runway.
  • I rate ESSA Pharma a speculative "buy" due to Masofaniten's promising clinical data and strong financial health.

Tubos sanguíneos. Muestras de la enfermedad por PSA. Salud de la próstata. Ciencia de la hematología. Diagnóstico de la enfermedad prostática en el paciente. Matraz de prueba de PSA. Cuerpos rojos alrededor de tubos de ensayo de plástico. Serología

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ESSA Pharma Inc. (NASDAQ:EPIX) is a clinical-stage pharmaceutical company focused on developing therapies based on N-terminal Domain [NTD] inhibitors, known as Anitens, to disrupt the androgen receptor [AR] and stop prostate cancer growth. EPIX’s leading drug is Masofaniten, which has shown

This article was written by

2.58K Followers
My name is Myriam Hernandez Alvarez. I received the Electronics and Telecommunication Engineering degree from the Escuela Politecnica Nacional, Quito, Ecuador, the M.Sc. degree in computer science from Ohio University, Athens, OH, USA, a graduate degree in Business Management from Universidad Andina Simon Bolivar, Quito, Ecuador, and the Ph.D. degree in computer applications from the University of Alicante, Spain.Disclosure: I collaborate professionally with Edgar Torres H, who is also an author on Seeking Alpha. Our analyses are conducted independently, and we adhere to Seeking Alpha's Shared Association Guidelines.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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