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Despite A Volatile Trading Week, Bellicum's EHA Presentation Merits A Second Look
Friday, June 23, 2017 - 2:57pm | 552Bellicum Pharmaceuticals Inc (NASDAQ: BLCM) was at its volatile best all this week. After a 14-percent gain Monday, the stock pulled back slightly Tuesday and retreated by less than 2 percent Wednesday. It rallied over 10 percent Thursday, only to slip by about 7 percent Friday amid the Bellicum...
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Cantor Fitzgerald's Piros Still Isn't A Buyer Of Omeros After Tuesday's FDA Win
Tuesday, June 13, 2017 - 1:20pm | 340Shares of Omeros Corporation (NASDAQ: OMER) soared higher by more than 15 percent on Tuesday after the U.S. Food and Drug Administration granted a breakthrough therapy designation to the company's treatment of Immunoglobulin A nephropathy called OMS721. The FDA's designation provides Omeros with...
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Analyst: GW Pharma Has Started Laying The Groundwork For Taking Epidiolex To Market
Wednesday, May 10, 2017 - 8:53am | 363Elemer Piros of Cantor Fitzgerald maintained an Overweight rating and $208 price target on GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) after the developer of cannbinoid products reported its fiscal second-quarter results. Piros' main takeaway from the report and conference call is that GW...
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Catalysts Growing Like Weeds For Zynerba Next Quarter
Tuesday, May 9, 2017 - 3:26pm | 372Despite confirming third-quarter catalysts and progress throughout its development pipeline, Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE)’s first-quarter financial report didn’t impress investors. The company conceded an 8.3-percent stock decline Tuesday even as it boasts a 22-percent...
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Bellicum Pharmaceuticals Q1 Miss Doesn't Matter, As Long As Pipeline Remains On Track
Tuesday, May 9, 2017 - 12:19pm | 385Quarterly earnings reports matter a lot more for some companies than others. According to Wall Street analysts, investors should look beyond Bellicum Pharmaceuticals Inc (NASDAQ: BLCM)’s first-quarter earnings miss and focus on its drug pipeline, which includes leading cancer treatment...
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Ocular Therapeutix's Manufacturing Inspection: Items Of Concern Are 'Addressable,' Shouldn't Delay Product Launch
Monday, May 8, 2017 - 8:59am | 280Ocular Therapeutix Inc (NASDAQ: OCUL) shares sunk nearly 16 percent following a first-quarter earnings miss Friday. Despite the shares' current weakness, Cantor Fitzgerald reiterated its Overweight rating on the company with a $35 price target, well above Friday's $8. Analyst's Take On Earnings,...
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Glaukos Growth Continues; Cantor Reiterates Overweight Rating, $54 Target
Thursday, May 4, 2017 - 9:12am | 424Commenting on the first-quarter results of Glaukos Corp (NYSE: GKOS), Cantor Fitzgerald reiterated its Overweight rating and a 12-month price target of $54. The firm also opined that growth will continue in 2017. Q1 Print Analysts Elemer Piros and Justin Kim noted the first quarter marked the 15th...
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Aurinia Pharma's Phase 2b Data Lifts Stock, Suggests Big Potential
Friday, April 21, 2017 - 9:16am | 347Elemer Piros of Cantor Fitzgerald maintains an Overweight rating on Aurinia Pharmaceuticals Inc (NASDAQ: AUPH)'s stock with a $14 price target after the company reported data from a Phase 2b study, which helped boost the stock higher by more than 5 percent. During the National Kidney Foundation...
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Aurinia Pharma Shares Could Be A 2-Bagger From Here
Tuesday, April 11, 2017 - 8:14am | 307Having demonstrated efficacy in its Phase 2b AURA-LV study for patients with active lupus nephritis, Aurinia Pharmaceuticals Inc (NASDAQ: AUPH)'s voclosporin appears “well-positioned in late-stage development to succeed,” Cantor Fitzgerald’s Elemer Piros said in a report. Piros...
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Corbus Pharma's Positive Phase 2 Study: Safety First
Thursday, March 30, 2017 - 2:56pm | 358Corbus Pharmaceuticals Holdings Inc (NASDAQ: CRBP) has received a price target increase to $24 from $17 from Cantor Fitzgerald, which reiterated an Overweight rating following positive data from the company’s Phase 2 study in Cystic Fibrosis. “Treatment with anabasum at the highest dose...
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It's High Time For Zynerba Positives: Investors Await 3 Key Mid-Stage Trial Reads On Cannabidiol ZYN002
Monday, March 27, 2017 - 4:07pm | 488Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) is about to embark upon a journey with unknown destinations, as investors brace for a trio of reads from the company in the third quarter of 2017. Focus: 3 Phase 2 Reads Of ZYN002 Cantor Fitzgerald said in a note released Monday it remains focused on...
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Global Blood Therapeutics Demonstrates 'Compelling Potential' In Sickle Cell Treatment
Thursday, March 16, 2017 - 7:42am | 396Cantor Fitzgerald’s Elemer Piros believes Global Blood Therapeutics Inc’s (NASDAQ: GBT) lead pipeline candidate, GBT440, “has demonstrated compelling potential for the treatment of sickle cell disease (SCD), based on its reported clinical efficacy and safety data.” The...
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Aerie Prepares Rhopressa For Commercialization Ahead Of A Slew Of Other Data Catalysts
Wednesday, March 8, 2017 - 4:09pm | 371Cantor Fitzgerald reiterated its Overweight rating on Aerie Pharmaceuticals Inc (NASDAQ: AERI) as the company prepares for commercialization of Rhopressa for a potential approval in early 2018. Aerie had resubmitted the Rhopressa NDA in February, and Cantor Fitzgerald's analyst believes Rhopressa...
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Resunab Can Change The Game In Cystic Fibrosis
Wednesday, February 22, 2017 - 10:38am | 306A conference call with cystic fibrosis specialists indicated that the disease continued to be characterized by “a vicious cycle of mucus secretion, infection and inflammation,” Cantor Fitzgerald’s Elemer Piros said in a report. He added that the call reinforced “our view...
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Analysts Split On How To Read Intercept Switching Clinical Trial Endpoints
Monday, February 13, 2017 - 12:47pm | 473Intercept Pharmaceuticals Inc (NASDAQ: ICPT) hosted a call on Friday to divulge information about changes it made to a late-stage REGENERATE study in Nonalcoholic steatohepatitis, or NASH. Following the call, sell-side analysts gave contrasting views on the development. The Amendments The...