Let’s open a thread for this one too. Ascelia is a company from Sweden specializing in cancer diagnostics and treatment.
Company page: Ascelia Pharma - Inderes
Investment research: https://www.inderes.fi/fi/ascelia-pharma-investment-case-24-march-2022-hc-andersen-capital
Like many other companies in the biotech sector, Ascelia has experienced total capitulation in its share price. However, it should be noted that FDA approval is just around the corner, and even though it is a penny stock, that does not in itself dictate the future. Fundamentally, it sounds very interesting if the company can facilitate the detection and treatment of liver metastases.
It has been on my watchlist. The stock crashed a few years ago when two graders had interpreted the same MRI images differently at different points in time. The interpretations had to be redone. The company got into a difficult spiral with financing during the post-covid crash. This is just from memory. But the product is quite niche. Too niche for me. It’s hard to estimate what the market size is, and how good the product really is. Besides, the information on the company’s own website is so scarce / hard to find that I’ll pass.