Ascendis Pharma A/S (NASDAQ:ASND) Faces Capital Efficiency Challenges

Ascendis Pharma A/S (NASDAQ:ASND) is a biopharmaceutical company focused on developing therapies for rare diseases. The company uses its proprietary TransCon technology to create long-acting prodrugs. Despite its innovative approach, Ascendis faces challenges in capital efficiency, as indicated by its financial metrics.Ascendis Pharma's ROIC is -18.95%, which is significantly lower than its WACC of 5.88%. This negative ROIC suggests that the company is not generating sufficient returns to cover its cost of ...