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Photocure $PHO trading above 50 and 200 SMA after Q2 report

Long
OSL:PHO   PHOTOCURE ASA
Recent oversubscribed equity offerings done at 76 and 65,5 NOK after repurchasing global Hexvix ownership from Ipsen now securely in the money.

Recent newsflow:
13.08.2020 Photocure appoints Genotests as exclusive partner for Hexvix in Chile
08.07.2020 Photocure's partner Asieris Received China NMPA's Approval to Start a Global Phase III Clinical Trial for APL-1702 (Cevira)
01.07.2020 Photocure appoints Susanne Strauss as Vice President and General Manager of Europe
24.06.2020 Private placement successfully placed - NOK 76
27.04.2020 Private placement successfully placed - NOK 65,5
27.04.2020 PHOTOCURE REGAINS WORLDWIDE RIGHTS OF HEXVIX

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