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Analyst Lifts Catalyst Biosciences PT From $10 To $75 On Hemophilia B Product
Friday, February 9, 2018 - 2:42pm | 321Catalyst Biosciences Inc (NASDAQ: CBIO), a nano-cap clinical-stage biopharmaceutical company that focuses on the treatment of hemophilia, has high expectations for its therapy for the treatment of hemophilia B. The Analyst Chardan's Gbola Amusa maintains a Buy rating on Catalyst Biosciences...
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After A Freefall In Axovant Shares, Chardan Upgrades
Wednesday, January 10, 2018 - 12:45pm | 390Axovant Sciences Ltd (NASDAQ: AXON)'s announcement this week that its lead drug candidate intepirdine failed in a late-stage trial comes after the stock lost 90 percent of its value over the past three months following a negative announcement on an Alzheimer's trial. The Analyst...
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There Could Be 109% Upside In uniQure As Company Advances Gene Therapy Into Clinical Trials
Friday, October 20, 2017 - 1:53pm | 449Following its meeting with the FDA and the EMA, Uniqure NV (NASDAQ: QURE) announced it would expeditiously advance its adeno-associated virus, or AAV-based gene therapy, AMT-061 into pivotal trials in severe and moderately severe hemophilia B. Reacting to the announcement, Chardan maintains its...
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Expect More Downside In Axovant Sciences
Thursday, October 5, 2017 - 10:45am | 403Shares of Axovant Sciences Ltd (NASDAQ: AXON) plummeted more than 70 percent after the company's late-stage trial involving its therapy for the treatment of Alzheimer's failed to meet its primary objectives in a phase 3 study called MINDSET. Investors thinking Axovant's stock can't see any...
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Sage Therapeutics Falls Hard After Brexanolone Drug Fails Phase III Testing
Tuesday, September 12, 2017 - 11:29am | 321Shares of SAGE Therapeutics Inc (NASDAQ: SAGE) plunged Tuesday after the biopharma company announced its treatment for super-refractory status epilepticus failed its phase III trial. Chardan analyst Gbola Amusa rated the stock a Hold and said a price target was under review. Shares Fall Off A Cliff...
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Medicines Company Gets FDA Approval, Has 119% Upside According To This Analyst
Wednesday, August 30, 2017 - 1:22pm | 289The Medicines Company (NASDAQ: MDCO) announced FDA approval for Vabomere injection to treat adult patients with complicated urinary tract infections. The company said the drug will be made available in the fourth quarter of 2017. Following the announcement, Chardan analyst Gbola Amusa said the...
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La Jolla Meets ATHOS-3 Trial Endpoints, Dispels Market Controversy In The Process
Monday, May 22, 2017 - 9:34am | 366Shares of La Jolla Pharmaceutical Company (NASDAQ: LJPC) were trading lower by more than 8 percent Monday morning after the company released Phase 3 results in the New England Journal of Medicine from a study called ATHOS-3, which evaluated the company's therapy LJPC-501 for the treatment of...
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Why Ionis Results Today Support A Pair Trade With Alnylam
Monday, May 15, 2017 - 12:24pm | 646Following Ionis Pharmaceuticals Inc (NASDAQ: IONS)'s announcing positive results in a late-stage study of its anti-sense oligonucleotide, inotersen, dubbed IONIS-TTRRx, in patients with transthyretin familial amyloid polyneuropathy, or TTR-FAP, Chardan explained how the results support a pair...
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AveXis Offers Easily The Best Treatment Option For SMA Type-1 Patients
Friday, March 17, 2017 - 9:53am | 284AveXis Inc (NASDAQ: AVXS) announced top-line data from the phase I study for AVXS-101, an AAV [adeno-associated virus] -based gene therapy [GT], for spinal muscular atrophy [SMA] type 1. AVXS-101 could generate sales of $1.8 billion by 2030, an estimate that is 70 percent risk-adjusted, Chardan...
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Chardan Analyst Suggests An AveXis-Ionis Pair Trade
Monday, February 6, 2017 - 11:41am | 357Biogen Inc (NASDAQ: BIIB) and Ionis Pharmaceuticals Inc (NASDAQ: IONS) had announced on December 23, 2016, the U.S. FDA approval for Spinraza (nusinersen) for the treatment of spinal muscular atrophy (SMA) types 1 to 3. Safety Concerns However, with regard to the safety profile of the drug, Chardan...
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Here's What Makes La Jolla Pharma A 2017 Top Pick At Chardan
Tuesday, January 24, 2017 - 3:01pm | 323Chardan Capital names La Jolla Pharmaceutical Company (NASDAQ: LJPC) as its Top Pick for 2017,saying the company has shown one of the more compelling and convincing rare disease strategies in biotech. “By focusing on naturally-occurring peptides with well-established biological functions,...
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Catalyst Alert: Amgen/Regeneron Patent Case Appeal Could Be Decided By April
Tuesday, January 10, 2017 - 10:06am | 357After the close on Monday, Amgen, Inc. (NASDAQ: AMGN) announced that the U.S. District Court of Delaware had denied the motion by Sanofi SA (ADR) (NYSE: SNY) and Regeneron Pharmaceuticals Inc (NASDAQ: REGN) to stay the injunction pending the appeal of the ongoing PCSK9 litigation in the Court of...
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5 Key Takeaways In Regeneron's Praluent Suit, Steps Forward
Friday, January 6, 2017 - 10:04am | 391After market close on January 5, it was announced that U.S. Federal District Court Judge Sue Robinson had ruled to issue a permanent injunction against Praluent, the PCSK9 mAb for hypercholesterolemia from partners Regeneron Pharmaceuticals Inc (NASDAQ: REGN) and Sanofi SA (ADR) (NYSE: SNY) due to...
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The Medicines Company Is A Top Pick For 2017
Friday, January 6, 2017 - 9:45am | 390Following the impressive phase II ORION-1 results for the RNAi drug, inclisiran (a PCSK9 inhibitor for hypercholesterolemia), inclisiran's “expeditious” movement into phase III trials, the injunction granted against Praluent (another PCSK9 inhibitor) Thursday and with PCSK9...
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Why The Biogen-Ionis News Is A Boon For AveXis
Tuesday, December 27, 2016 - 12:13pm | 266Biogen Inc (NASDAQ: BIIB) shares were seen up 2.9 percent and Ionis Pharmaceuticals Inc (NASDAQ: IONS) up 4.42 percent on Tuesday following news that the FDA has approved Spinraza for treatment of spinal muscular atrophy. At the same time, shares of rival drug maker AveXis Inc (NASDAQ: AVXS) were...