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Thoughts On Synergy Pharma's Valuation As Cantor Initiates At Overweight
Friday, June 2, 2017 - 9:49am | 294Cantor Fitzgerald initiated coverage of Synergy Pharmaceuticals Inc (NASDAQ: SGYP) at Overweight with a price target of $11. Analyst William Tanner estimates second quarter earnings of $1.4 million with a negative $0.25 EPS. Fiscal 2017 earnings are estimated to be $11.3 million. Opportunities In...
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Synergy Scores Again: Trulance Product Meets Phase 3 Endpoints In Second Indication
Tuesday, May 9, 2017 - 11:46am | 397Synergy Pharmaceuticals Inc (NASDAQ: SGYP) presented positive results from its Phase 3 study of plecanatide for the treatment of irritable bowel syndrome with constipation (IBS-C). In two large studies, Synergy examined plecanatide, marketed as "Trulance," in both 3 mg and 6 mg doses....
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What Synergy's New Patents Mean For Its Commercial Prospects
Monday, April 17, 2017 - 8:31am | 353Synergy Pharmaceuticals Inc (NASDAQ: SGYP) announced last week it has been issued three new patents from the U.S. Patent and Trademark Office. The first patent relates to the manufacturing method for TRULANCE (plecanatide) and the other two relate to formulations and methods of using Trulance for...
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7 Biotech Catalysts Remaining In January
Friday, January 13, 2017 - 3:08pm | 488Biotech stocks are regaining some lost momentum after Wednesday's Trump-inspired selloff that took a toll on the sentiment on pharma sector. The weakness was so stark that it made CNBC's Brian Sullivan tweet that biotechs/healthcare was the only sector to have been left out of what seemed...
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A Preview Of January PDUFA Dates
Wednesday, December 28, 2016 - 12:10pm | 691Biopharma companies did not have much to write home about in the year 2016, as negative news flow on price gouging hit many stocks in the space. The SPDR S&P Biotech (ETF) (NYSE: XBI) and the iShares NASDAQ Biotechnology Index (ETF) (NASDAQ: IBB) are down 13.93 percent and 20.36 percent,...
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Synergy Hits Endpoints, Earns A Price Target Bump At Rodman & Renshaw
Friday, December 23, 2016 - 10:24am | 287Rodman & Renshaw’s Raghuram Selvaraju believes the top-line data announced by Synergy Pharmaceuticals Inc (NASDAQ: SGYP) from the first pivotal trial for plecanatide in constipation-predominant irritable bowel syndrome (IBS-C) positions the pipeline candidate as a “potentially best-...
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Synergy Pharma Ends Year With Second Dose Of Positive Plecanatide Trial Results
Thursday, December 22, 2016 - 6:04pm | 246Synergy Pharmaceuticals Inc (NASDAQ: SGYP) announced after Thursday's closing bell that its drug plecanatide, a daily pill to fight irritable bowel syndrome, had achieved positive top-line results from the second of two pivotal phase 3 clinical trials evaluating the efficacy and safety of the...
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Synergy Pharma's Chief Strategist Discusses Recent Results And Coming Catalysts
Monday, December 12, 2016 - 4:25pm | 682Last Friday, shares of Synergy Pharmaceuticals Inc (NASDAQ: SGYP) traded down 5.78 percent, even though the company made public positive data from its first of two Phase III trials for its clinical constipation-predominant irritable bowel syndrome (IBS-C) drug, plecanatide. On Monday, research...
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Synergy Reports Positive Phase 3-Trial 1 Data
Friday, December 9, 2016 - 10:24am | 187Before Friday's market open, Synergy Pharmaceuticals Inc (NASDAQ: SGYP) announced positive data from its first of two Phase 3 trials for clinical constipation-predominant irritable bowel syndrome (IBS-C) drug plecanatide. “We are very pleased with these results,” said Gary S. Jacob,...
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Synergy Pharma Reports Long-Term Data On Plecanatide In Chronic Idiopathic Constipatio
Monday, October 17, 2016 - 9:13am | 212Synergy Pharmaceuticals Inc (NASDAQ: SGYP) presented long-term data on safety of plecanatide. The FDA is currently assessing the investigational, orally-administered compound for chronic idiopathic constipation (CIC) and irritable bowel syndrome with constipation (IBS-C) treatment. The company...