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GW Pharma Analysts Raise Estimates After CBD Drug Epidiolex Shows Strong Uptake
Wednesday, August 7, 2019 - 11:47am | 554GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) reported second-quarter earnings and revenue Tuesday that blew past estimates, sending its shares solidly higher Wednesday. The Analysts Morgan Stanley analyst David Lebowitz maintained an Overweight rating on GW Pharma and increased the price...
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GW Pharma Receives EU Regulatory Agency Panel Backing For Epidiolex
Friday, July 26, 2019 - 10:48am | 553GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) is inching closer to clearing another regulatory hurdle with respect to its cannabidiol drug Epidiolex, potentially opening up a market opportunity in Europe. What Happened The European Medicines Agency's Committee for Medicinal Products for...
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Aldeyra's Eye Inflammation Drug Aces Late-Stage Trial, Stock Rises 60%
Tuesday, March 26, 2019 - 9:11am | 480Aldeyra Therapeutics Inc (NASDAQ: ALDX) shares are advancing strongly Tuesday following the release of the results of a late-stage study of its drug candidate for allergic conjunctivitis. What Happened Aldeyra said a Phase 3 trial, dubbed ALLEVIATE, that evaluated 0.25 percent and 0.5...
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Cantor Reiterates Bullish View On GW Pharmaceuticals Following Earnings
Wednesday, February 27, 2019 - 5:14pm | 411Following its results for the first quarter of fiscal 2019, analysts at Cantor Fitzgerald provided an update about GW Pharmaceuticals plc (NASDAQ: GWPH). The Analyst Cantor Fitzgerald analysts Elemer Piros and Kristen Kluska reiterated the Overweight rating and $193 price target on GW...
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Biotechs Were Innovators In 2018: Here Are The Top New Molecules That Were Approved
Tuesday, December 18, 2018 - 9:55am | 849Health care stocks are among a handful of sectors bucking the broader market downturn in 2018. Biotechs, though down for the year, have suffered less damage than other stocks. One factor that worked in favor of the biotech space: a record number of new molecular entity approvals in 2018. Accent On...
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Proteostasis Therapeutics Rallies On Genentech Licensing Agreement
Monday, December 17, 2018 - 10:54am | 379Shares of Proteostasis Therapeutics Inc (NASDAQ: PTI) were moving higher Monday after the clinical stage biopharmaceutical company announced a worldwide exclusive license agreement with Roche Group's Genentech unit. What Happened Proteostasis Therapeutics develops therapies for the...
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Cantor Fitzgerald Lowers GW Pharmaceuticals Price Target
Monday, December 3, 2018 - 4:01pm | 443Less than a week after its most recent update on GW Pharmaceuticals plc (NASDAQ: GWPH), Cantor Fitzgerald lowered its price target for the stock Monday after the issuance of the company's 10-K report. The Analyst Analyst Elemer Piros reiterated an Overweight on GW...
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Global Blood's Sickle Cell Disease Drug Snags Accelerated FDA Approval Pathway
Monday, December 3, 2018 - 12:55pm | 517Global Blood Therapeutics Inc (NASDAQ: GBT) shares are trading at a nearly three-month high, with a FDA event being the catalyst. What Happened Global Blood announced Monday that the FDA has agreed to allow filing for its late-stage sickle cell disease, or SCD, candidate Voxelotor under an...
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Cantor Fitzgerald Bullish On GW Pharmaceuticals, Sees 75% Upside Potential
Wednesday, November 28, 2018 - 4:11pm | 327GW Pharmaceuticals plc (NASDAQ: GWPH) Epidiolex drug and earlier-stage programs Sativex and CBDV will represent major catalysts for the stock in the near-term, in Cantor Fitzgerald's view. The Analyst Analyst Elemer Piros reiterated an Overweight on GW Pharmaceuticals with a $211 price...
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Analysts React To Arrowhead's Janssen Collaboration: Downside In Stock May Be 'Misguided'
Thursday, October 4, 2018 - 1:53pm | 492Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) stock tanked 15 percent Thursday after the company announced a new $3.7-billion deal to license its ARO-HBV treatment for chronic hepatitis B to Johnson & Johnson (NYSE: JNJ) subsidiary Janssen Pharmaceuticals. Investors clearly weren’t...
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GW Pharma's Epidiolex Becomes First CBD To Get DEA Rescheduling
Thursday, September 27, 2018 - 11:19am | 514Amid the controversies surrounding the legalization of cannabis and associated products, gradual advancements have been made this year. As of Sept. 27, a specific type of cannabidiol, or CBD oil will be federally legal in the United States. What Happened The U.S. Drug Enforcement Administration...
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Cantor Fitzgerald Makes An Uber-Bullish Call On Galmed Pharmaceuticals
Thursday, July 12, 2018 - 12:11pm | 346Galmed Pharmaceuticals Ltd (NASDAQ: GLMD) earned another bullish analyst this week with a positive rating from Cantor Fitzgerald. The coverage comes with a valuation that implies 459-percent upside. The Rating Analyst Elemer Piros initiated coverage of Galmed Pharmaceuticals with an...
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Wall Street Reacts To Spark Therapeutics' $850K Genetic Blindness Treatment
Wednesday, January 3, 2018 - 12:59pm | 589The first gene therapy treatment ever approved in the U.S. comes with a steep price tag. On Wednesday, Spark Therapeutics Inc (NASDAQ: ONCE) announced it will charge $425,000 per eye for one-time treatments of a rare genetic retinal disease that causes blindness. The new therapy could be a huge...
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Glaukos Has 84% Upside Potential In 2018, According To Cantor
Wednesday, December 27, 2017 - 2:48pm | 447Glaukos Corp (NYSE: GKOS) announced the submission of a pre-market approval application for its iStent inject device on Wednesday. The Analyst Cantor Fitzgerald's Elemer Piros maintains an Overweight rating on Glaukos' stock with a price target boosted from $48 to $60. The Thesis...
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Analyst: Weakness In Spark Therapeutics Is Overdone
Monday, December 11, 2017 - 2:54pm | 435Spark Therapeutics Inc (NASDAQ: ONCE) reported during the ASH conference an update concerning its SPK-8011 therapy, which has many investors concerned. The Analyst Cantor Fitzgerald's Elemer Piros maintains an Overweight rating on Spark Therapeutics's stock with an unchanged $105 price...