Major News on QSAM Enhances Valuation

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QSAM BIOSCIENCES, INC.

New Study Results Enhance QSAM’s Valuation

Rob Goldman

[email protected]

January 21, 2021

QSAM BIOSCIENCES, INC. (OTCQB – QSAM - $0.61)

Industry: Biotechnology

Price Target: $3.00

COMPANY SNAPSHOT

QSAM is developing next generation nuclear medicines for the treatment of cancer and related diseases and conditions with high unmet need. The Company’s flagship product, Cyclosam®, is a clinical-stage bone seeking therapeutic radiopharmaceutical designed to safely and specifically deliver targeted radiation therapy to kill cancer cells in and near the bone. In animal studies and a recent single patient human trial, this approach appears to improve efficacy and safety. QSAM plans to commence additional trials during 2021.

KEY STATISTICS

  • Price as of 1/20/21 $0.61
  • 52 Wk High - Low $2.10- $0.15
  • Est. Shares Outstanding 18.1M
  • Market Capitalization $11.2M
  • Average Volume 44,965
  • Exchange: OTCQB

COMPANY INFORMATION

QSAM Biosciences, Inc.
420 Royal Palm Way
#100
Palm Beach, FL 33480

Web:     www.QSAMBio.com
Email:   [email protected]
Phone : 512.799.9397

INVESTMENT HIGHLIGHTS

Breaking News This Morning. QSAM published news this morning that affirms our investment thesis and should enhance the Company’s overall valuation.

One Step Closer Along Development Path: QSAM announced that results of a new study demonstrated that its lead  radiopharmaceutical drug candidate has a strong safety profile which could lead to broader therapeutic applications across multiple indications. Therefore, the market for QSAM could be far larger than the initial indication, driving value for the Company higher.

Under the Hood: The study’s objective was to evaluate the radioactive impurity levels in its flagship CycloSam. Results confirmed that the long-lived radionuclidic impurities of Europium-154 (Eu-154) in CycloSam decreased over 40-fold to nearly non-detectable levels as compared with those reported for a similar radiopharmaceutical product previously approved by the FDA. The findings also indicated significantly less buildup of these impurities.

Greater Potential Reach:  With this new evidence regarding the safety of higher and multiple dosing, the door is now open for a wider potential for use of CycloSam in multiple types of primary and metastatic bone cancers.  

Reiterate $3.00 Six-Month Target. Management’s collective experience rivals midcap biotechs, with experience getting products through FDA and negotiating successful exits. QSAM is next on the list.

Recent Trading History For QSAM

(Source: www.BigCharts.com)

Senior Analyst: Robert Goldman

Rob Goldman founded Goldman Small Cap Research in 2009 and has over 25 years of investment and company research experience as a senior research analyst and as a portfolio and mutual fund manager. During his tenure as a sell side analyst, Rob was a senior member of Piper Jaffray's Technology and Communications teams. Prior to joining Piper, Rob led Josephthal & Co.'s Washington-based Emerging Growth Research Group. In addition to his sell-side experience Rob served as Chief Investment Officer of a boutique investment management firm and Blue and White Investment Management, where he managed Small Cap Growth portfolios and The Blue and White Fund.

Analyst Certification

I, Robert Goldman, hereby certify that the view expressed in this research report or article, accurately reflect my personal views about the subject securities and issuers. I also certify that no part of my compensation was, is, or will be, directly or indirectly, related to the recommendations or views expressed in this research report.

Disclaimer

This Opportunity Research report was prepared for informational purposes only.

Goldman Small Cap Research, (a division of Two Triangle Consulting Group, LLC) produces research via two formats: Goldman Select Research and Goldman Opportunity Research. The Select format reflects the Firm’s internally generated stock ideas along with economic and stock market outlooks. Opportunity Research reports, updates and Microcap Hot Topics articles reflect sponsored (paid) research but can also include non-sponsored micro-cap research ideas that typically carry greater risks than those stocks covered in the Select Research category. It is important to note that while we may track performance separately, we utilize many of the same coverage criteria in determining coverage of all stocks in both research formats. Research reports on profiled stocks in the Opportunity Research format typically have a higher risk profile and may offer greater upside. Goldman Small Cap Research was compensated by a third party in the amount of $7500 for research report and research update production and distribution, including a press release. All information contained in this report was provided by the Company via filings, press releases or its website, or through our own due diligence. Our analysts are responsible only to the public, and are paid in advance to eliminate pecuniary interests, retain editorial control, and ensure independence. Analysts are compensated on a per report basis and not on the basis of his/her recommendations.

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