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HC Wainwright Slashes La Jolla Pharma Price Target, Estimates On Below-Expectation Guidance
Wednesday, January 9, 2019 - 12:28pm | 337La Jolla Pharmaceutical Company (NASDAQ: LJPC) reported net 2018 sales of $10.1 million for the septic shock treatment Giapreza this week and announced 2019 sales guidance of $24 million to $28 million for the drug. The guidance represents continued linear growth, despite the company...
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Analyst: NeuroMetrix Benefits From Alternative Pain Management Trend
Wednesday, December 26, 2018 - 3:12pm | 386NeuroMetrix Inc (NASDAQ: NURO) is a commercial-stage health care technology company with two products on the market: Quell, an OTC wearable device relying on neurostimulation technology for chronic pain relief; and DPNCheck, a point-of-care diabetic peripheral neuropathy test. With $...
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Stemline's Elzonris Launch On Schedule, HC Wainwright Says In Bullish Initiation
Wednesday, December 26, 2018 - 1:31pm | 361Stemline Therapeutics Inc (NASDAQ: STML) has received FDA approved for Elzonris ahead of the Feb. 21 PDUFA date. The approval coming in two months early highlights “the urgent need” in the indication, according to H.C. Wainwright. The Analyst Analyst Raghuram Selvaraju initiated...
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HC Wainwright Bullish On Corbus Therapeutics' Cystic Fibrosis Opportunity
Wednesday, December 26, 2018 - 12:50pm | 377Corbus Pharmaceuticals Holdings Inc (NASDAQ: CRBP) has Phase 3 trials ongoing for its lead compound lenabasum in systemic sclerosis and dermatomyositis, and Phase 2 trials for cystic fibrosis and systemic lupus erythematosus. With cannabinoid receptor type 2 being a critical component of...
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What Analysts Have To Say About Insmed Following Arikayce Approval
Monday, October 1, 2018 - 6:01pm | 398Insmed Incorporated (NASDAQ: INSM) stock crashed Monday after the U.S. Food & Drug Administration approved the company’s antibiotic Arikayce. In addition to “sell the news” traders moving on following the FDA approval, some sellers are likely concerned about the revelation...
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Analyst: Amarin's Vascepa Results Create Unicorn Potential, M&A Opportunity
Tuesday, September 25, 2018 - 12:43pm | 525Amarin Corp. (NASDAQ: AMRN) shares surged Monday after the company reported positive cardiovascular trial results for its fish oil capsules. The Analyst H.C. Wainwright & Co. analyst Andrew S. Fein reiterated a Buy rating on Amarin and raised the price target from $10 to $...
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HC Wainwright Unfazed By Zynerba Ending ZYN001: Drug 'Wasn't In Our Numbers'
Thursday, July 5, 2018 - 3:37pm | 391Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) stock plummeted 17.8 percent at Thursday’s open after the company ended a Phase 1 study for ZYN001, a tetrahydrocannabinol patch. While there were no adverse effects, the drug failed to meet the targeted top-line results. Shares regained ground...
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Analyst: Sarepta's DMD Gene Therapy Results 'Dramatic And Far Exceeding Expectations'
Tuesday, June 19, 2018 - 2:18pm | 484Sarepta Therapeutics Inc. (NASDAQ: SRPT) reported some encouraging results from the first three patients treated with the company’s microdystrophin gene therapy program for Duchenne Muscular Dystrophy (DMD), sending the stock soaring higher by 40 percent Tuesday and prompting positive...
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Riot Blockchain's 10-Q Sheds Light On Crypto Mining Operation
Friday, May 18, 2018 - 10:27am | 387Riot Blockchain Inc (NASDAQ: RIOT) quietly filed a 10-Q quarterly financial report on Thursday evening without issuing a press release or holding a conference call for investors. The filing provided some helpful insight into Riot's cryptocurrency mining business, according to H.C. Wainwright....
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Despite Riot Blockchain's Risks, HC Wainwright Emerges As A Bull
Friday, May 11, 2018 - 10:58am | 432After a huge year in 2017, the cryptocurrency market has cooled off so far in 2018. One analyst sees the sell-off in Riot Blockchain Inc (NASDAQ: RIOT) as a buying opportunity. The Analyst H.C. Wainwright analyst Kevin Dede initiated coverage of Riot with a Buy rating and $9 price target. The...
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What's NeuVax? Wainwright Says Sellas' Cancer Vaccine Candidate Makes It A Buy
Monday, April 2, 2018 - 12:18pm | 441Sellas Life Sciences Group Inc (NASDAQ: SLS) popped as much as 189 percent Monday after reporting “clinically meaningful activity” in interim data for its Phase 2b NeuVax trial. H.C. Wainwright liked the stock before it peaked, though, and it considers NeuVax just a footnote in the...
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HC Wainwright Takes Bullish Stance On Two Cancer-Focused Pharma Companies
Thursday, March 8, 2018 - 4:23pm | 478Analysts at H.C. Wainwright initiated coverage Thursday on two pharmaceutical companies developing cancer-related vaccines and treatments. Interpace: Efficient Diagnosis, Expanding Reimbursement Coverage Analyst Raghuram Selvaraju initiated coverage on Interpace Diagnostics Group, Inc. (NASDAQ:...
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Analyst: Durect's Phase 2 Trials Are An Entry Point For Investors
Tuesday, March 6, 2018 - 2:36pm | 399DURECT Corporation (NASDAQ: DRRX) has had a rough few months since the failure of a Phase 3 trial for its formerly leading drug candidate. Days after reporting top- and bottom-line quarterly beats, the biotech received support in the form of an upgrade from H.C. Wainwright. The Rating...
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A Peek Into The Markets: U.S. Stock Futures Mostly Flat Ahead Of Fed Speakers
Monday, January 8, 2018 - 8:32am | 401Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade. San Francisco Bank President John Williams is set to speak in Washington at 1:35 p.m. ET, while Atlanta Federal Reserve Bank President Raphael Bostic will speak in Atlanta at 12:40 p.m. ET. Boston Federal Reserve Bank...
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HTG Molecular's Deal With Merck KGaA 'Provides Further Validation' For EdgeSeq Technology
Wednesday, December 27, 2017 - 2:18pm | 554HTG Molecular Diagnostics Inc (NASDAQ: HTGM), a provider of instruments, reagents and services for molecular profiling, announced Tuesday a new master collaboration agreement with Germany's Merck KGaA(ADR) (OTC: MKKGY). The agreement complements HTG Molecular's previously...