Orphazyme A/S ORPHA.CO

Last Updated: Nov 22, 12:00 AM·CSE

ORPHA.CO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 07, 2023

Report Source: 2022 2nd Quarter Report

Orphazyme A/S

Orphazyme A/S. Stock Analysis ORPHA.CO

Denmark Health Care Nano Cap Report:
Orphazyme A/S is a biopharmaceutical company, which engages in the research and development of treatments for rare diseases. The company develops new therapies for the treatment of a family of genetic disorders. The firm's main focus is on preclinical development of medicines for the treatment of lysosomal storage diseases (LSDs), a group of approximately 50 genetic disorders that result from deficiencies of lysosomal enzymes or other lysosomal components, and protein aggregation diseases. The Company’s candidate, arimoclomol, stimulates the production of the cells’ protein rescue system, the heat shock proteins, which helps the misfolded proteins to either get back to their functional shape or, if this cannot be achieved, remove them from the cells by means of the cells’ recycling system, the lysosomes, so they no longer form toxic aggregates. The firm collaborates with academic institutions in Europe and the United States.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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