Edison Initiates Coverage on IXICO

LONDON, June 11, 2015 /PRNewswire/ --

Edison Investment Research, a leading international investment research firm, announces the initiation of full coverage of IXICO  

Highlights of the analysis on IXICO by Edison's healthcare analysts Hans Bostrom and Christian Glennie are as follows:

Established in 2004, IXICO offers medical imaging technologies and services to pharma companies and healthcare service providers. Its digital technologies aim to improve the diagnosis as well as treatment outcomes of diseases of the brain, notably dementia. It has 52 employees.

IXICO sells technologies and services for the analysis of brain disease. We expect strong growth mainly driven by the expansion of its clinical trial business into new indications, new markets and bigger contracts. It is also well placed to capitalise on the burgeoning use of digital technologies in disease management. Using DCF, we value IXICO at £10.7m or 62p/share.

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For more information please contact:
Hans Bostrom        Edison Investment Research        +44 (0)20 3681 2522
Christian Glennie    Edison Investment Research        +44 (0)20 3077 5727
healthcare@edisongroup.com