LONDON, June 10, 2015 /PRNewswire/ --
Edison Investment Research, a leading international investment research firm, announces the initiation of full coverage of Lifeline Scientific
Highlights of the analysis on Lifeline Scientific by Edison's healthcare analysts Emma Ulker and Franc Gregori include:
Lifeline Scientific (LSI) is a US-based medical devices company. The company sells products and services to improve outcomes for transplant patients. Its lead product, the LifePort Kidney Transporter, is marketed in over 28 countries. A machine preservation device for livers has been developed with a US launch anticipated in 2015.
Valuation multiples of 1.4x FY15 EV/sales and a FY15 P/E of 11.8x fail to reflect the base-case valuation of Lifeline let alone the growth prospects of LifePort Kidney Transporter in newer markets and the LifePort Liver Transporter launch anticipated in late 2015. Our DCF valuation using a WACC of 10% is £53m or 271p per share.
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For more information please contact:
Emma Ulker Edison Investment Research +44(0)20-3077-5738
Franc Gregori Edison Investment Research +44(0)20-3077-5728
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SOURCE Edison Investment Research