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Portola Pharmaceuticals: Expect Additional Upside From Here
Monday, June 26, 2017 - 10:56am | 263Even after Portola Pharmaceuticals Inc (NASDAQ: PTLA) shares soared nearly 50 percent following news of betrixaban receiving FDA approval (reported on Benzinga Pro), Oppenheimer analyst Jay Olson sees further upside. Olson maintains an Outperform rating on Portola with a $66 price target. A Closer...
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Tracking The Busy June PDUFA Calendar
Tuesday, May 30, 2017 - 8:58am | 1602The hot biotech space is set to witness a month of brimming activity in June, as several prospective treatment candidates are up on the altar to receive the blessings of the FDA. Two new molecular entities were approved in May, taking the tally for this year to 20. How The Sector Has Fared Thus...
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Physicians Likely To Support Portola's Betrixaban
Tuesday, December 27, 2016 - 1:07pm | 250Morgan Stanley is bullish on Portola Pharmaceuticals Inc (NASDAQ: PTLA) following the FDA acceptance of betrixaban for priority review. With priority review, betrixaban will receive an accelerated assessment of six months with a PDUFA date of June 24, 2017. Betrixaban is an oral, once-daily Factor...
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Portola Announces FDA Drug Application Acceptance, Sets Up For A Pivotal Year Ahead
Tuesday, December 27, 2016 - 10:21am | 305Portola Pharmaceuticals Inc (NASDAQ: PTLA) announced the FDA acceptance of the new drug application and European Medicines Agency validation of the marketing authorization for betrixaban for use in acute medically ill patients. With this news, the application’s probability of success has...
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Portola's AndexXa Still Approvable, But It Will Take Time
Friday, August 19, 2016 - 11:45am | 405Morgan Stanley’s Matthew Harrison believes regulatory updates regarding AndexXa and betrixaban were key drivers for Portola Pharmaceuticals Inc (NASDAQ: PTLA), which could offer clarity regarding approval timelines and restore investor confidence. Harrison maintains an Overweight rating on...
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Portola Pharma Risk-Reward Is Questionable
Tuesday, May 31, 2016 - 10:37am | 264Credit Suisse has downgraded Portola Pharmaceuticals Inc (NASDAQ: PTLA) to Neutral from Outperform on balanced risk/reward following the recovery in shares since late March. The brokerage also cut its price target by $3 to $30 on "more conservative assumptions around the uptake of Andexanet Alfa...
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Goldman Downgrades Portola Pharma To Neutral, Removes From Buy List
Monday, March 28, 2016 - 9:35am | 299Goldman Sachs’ Jay Olson downgraded the rating on Portola Pharmaceuticals Inc (NASDAQ: PTLA) from Buy to Neutral, while reducing the price target from $65 to $30. APEX Study Miss Removing the stock from Goldman Sachs’ America's Buy List, Olson mentioned that the topline results show...