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Fibrocell Science Inc

Company Name: Fusion Pharmaceuticals Inc.

Stock Symbol: FCSC

Exchange: NASDAQ

Fusion Pharmaceuticals Inc. (FCSC) is a clinical-stage biopharmaceutical company focused on developing targeted alpha therapeutics to treat patients with cancer. The company's proprietary Fast-Clear Liposome Technology targets specific areas of the body, delivering a high dose of radiation directly to cancer cells.

H1 2021 Financial Highlights:

* Total revenue was $3.3 million as of June 30, 2021, compared to $0.1 million for the same period in 2020.

* Research and development expenses were $28.8 million for H1 2021, compared to $19.5 million for the same period in 2020.

* General and administrative expenses were $11.4 million for H1 2021, compared to $5.9 million for the same period in 2020.

* Net loss was $36.6 million for H1 2021, compared to $24.9 million for the same period in 2020.

Recent Developments:

* In August 2021, Fusion Pharmaceuticals announced positive interim data from its ongoing Phase 1 clinical trial of FPI-1434, a targeted alpha therapy for the treatment of metastatic castration-resistant prostate cancer.

* In June 2021, the company announced that it had entered into a strategic collaboration and license agreement with AstraZeneca plc for the development and commercialization of up to four targeted alpha therapeutics.

Growth Prospects:

* Fusion Pharmaceuticals has a growing pipeline of targeted alpha therapies in early-stage clinical trials.

* The company's collaboration with AstraZeneca provides a significant growth opportunity, as it adds to Fusion's existing partnership with Eisai and expands its pipeline of targeted alpha therapies.

* The targeted alpha therapy market is expected to grow significantly in the coming years, driven by a growing demand for more effective cancer treatments.

Risks:

* Fusion Pharmaceuticals is a clinical-stage company and as such is subject to the risks and uncertainties associated with the development of its product candidates.

* The company's financial position remains strained, with a large net loss in H1 2021 and significant research and development expenses.

* Fusion Pharmaceuticals faces intense competition from other biopharmaceutical companies developing targeted alpha therapies and other cancer treatments.

In conclusion, Fusion Pharmaceuticals Inc. is a high-risk/high-reward investment opportunity, with significant growth prospects in the targeted alpha therapy market. However, investors should be aware of the company's financial position and the competitive landscape. Consult a financial advisor before making any investment decisions.

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