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Moderna Analyst Breaks Down Biopharma's Coronavirus Vaccine Pricing
Thursday, August 6, 2020 - 11:14am | 658Amid chatter that Moderna's Inc (NASDAQ: MRNA) investigational coronavirus vaccine is pricier relative to rivals, the company offered some clarity on pricing on its earnings call. An analyst at Chardan detailed COVID-19 vaccine pricing dynamics in a Thursday note. The Moderna...
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Adverum Biotech Shares Move Higher On Positive Wet AMD Gene Therapy Data
Monday, February 10, 2020 - 3:01pm | 420Adverum Biotechnologies Inc (NASDAQ: ADVM) shares were trading higher Monday in reaction to a presentation of data from a Phase 1 study of its experimental gene therapy to treat wet age-related macular degeneration, or AMD. Efficacy, Safety Established Adverum said data from six patients in cohort...
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Biotech Stock On The Radar: Medicines Company, A Cardiovascular Pure Play With A Potential Blockbuster
Tuesday, August 20, 2019 - 5:35pm | 1462The Medicines Company (NASDAQ: MDCO) stock has staged a nice recovery in the first half of 2019 after a steep 60% pullback in the second half of 2018 that dragged it to a 52-week low of $16.69 on Dec. 21. From the low, the stock rallied to an intraday peak of $38.96 on July 11, 2019, a 133%...
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6 Gene Therapy M&A Targets On The Radar
Wednesday, March 27, 2019 - 12:45pm | 1663Biogen Inc (NASDAQ: BIIB) to acquire gene therapy company Nightstar Therapeutics PLC (NASDAQ: NITE). Roche Holdings AG Basel ADR (OTC: RHHBY) agrees to buy Spark Therapeutics Inc (NASDAQ: ONCE). Sarepta Therapeutics Inc (NASDAQ: SRPT) exercises option to buy Myonexus Therapeutics for $165...
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Sell-Side Picks Top Gene Therapy Takeout Candidates Following Spark Therapeutics Deal
Monday, February 25, 2019 - 4:12pm | 812Roche Holdings AG Basel ADR (OTC: RHHBY)'s announcement regarding an agreement to acquire gene therapy company Spark Therapeutics Inc (NASDAQ: ONCE) has sparked a rally in the latter's shares. The Analysts Chardan analyst Gbola Amusa maintained a Neutral on Spark and lifted the...
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Chardan: Tocagen's Brain, Spinal Cord Tumor Candidate Has $877M Potential
Thursday, August 30, 2018 - 9:38am | 370Tocagen Inc (NASDAQ: TOCA), which focuses on developing cancer-selective gene therapies based on a retroviral replicating vector platform, has earned a bullish review from Chardan. The Analyst Analyst Gbola Amusa initiated coverage of Tocagen with a Buy rating and $30 price target, suggesting...
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Sarepta's Clinical Hold Could Be A Solid Biosciences Catalyst, Says Bullish Chardan Analyst
Thursday, July 26, 2018 - 10:30am | 424Sarepta Therapeutics Inc (NASDAQ: SRPT) announced a manufacturing-related hold Wednesday on its Phase 1/2 trial of microdystrophin gene therapy for Duchenne muscular dystrophy. Solid Biosciences Inc (NASDAQ: SLDB) fell in sympathy, but the competitor could benefit from Sarepta’s delay. The...
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Analyst: Solid Biosciences A Solid Buy On Sarepta's Progress
Monday, June 25, 2018 - 8:53am | 334The Street grew more bullish on Solid Biosciences Inc (NASDAQ: SLDB) last week following progress announcements on Solid and peer candidates. At least three analysts raised their valuation targets: The Rating Chardan analyst Gbola Amusa maintained a Buy rating on the stock, but increased his price...
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3 Possible Outcomes From The Clinical Hold On Crispr Therapeutics's Sickle Cell Candidate
Thursday, May 31, 2018 - 11:45am | 393Shares of Crispr Therapeutics AG (NASDAQ: CRSP) fell more than 7 percent Thursday morning after the U.S. Food and Drug Administration said it placed a clinical hold on the company's therapy. What Happened The FDA placed a clinical hold on the Investigational New Drug application for Crispr...
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Chardan's Top Pick For 2018: Gene Therapy Firm Uniqure
Tuesday, April 24, 2018 - 10:49am | 456Uniqure NV (NASDAQ: QURE) struck all-time highs last week and continued to linger near its peak value. One analyst projects 61-percent upside and considers the equity a top pick in 2018. The Rating Chardan analyst Gbola Amusa maintained a Buy rating on uniQure and increased the price target...
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Chardan: Assembly Biosciences Hep B Antiviral Data 'Positive,' But Undifferentiated From Competitor Johnson & Johnson
Friday, April 13, 2018 - 10:31am | 452Assembly Biosciences Inc (NASDAQ: ASMB) made a poster presentation of interim results from two early-stage studies for its ABI-H073, a hepatitis B virus core protein allosteric modulator, at the EASL International Liver Congress 2018 in Paris. The Analyst Chardan analyst Gbola Amusa...
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Analyst: AveXis M&A Could Support Interest In Regenxbio
Monday, April 9, 2018 - 1:36pm | 408Regenxbio Inc (NASDAQ: RGNX) rode a tailwind Monday from the announced acquisition of its partner AveXis Inc (NASDAQ: AVXS), and the benefits may keep coming. The Rating Chardan analyst Gbola Amusa reiterated a Buy rating on Regenxbio and increased the price target from $85 to $90. The...
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Why The Novartis-AveXis Deal Is Good News For The Gene Therapy Space
Monday, April 9, 2018 - 9:11am | 436AveXis Inc (NASDAQ: AVXS) announced Monday its sale to Novartis AG (ADR) (NYSE: NVS) for $8.7 billion, or $218 per share. The deal didn’t come as a complete surprise. The Rating Chardan analyst Gbola Amusa maintained a Buy rating on AveXis and increased the price target from $140 to $218...
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Pair Trade Closed: Chardan No Longer Advocates Owning vTv Therapeutics Over Axovant
Thursday, March 22, 2018 - 3:25pm | 328vTv Therapeutics Inc (NASDAQ: VTVT) shares have outperformed Axovant Sciences Ltd (NASDAQ: AXON) shares by 63 percent since Chardan recommended owning the former over the latter in January 2016. The Analyst Chardan analyst Gbola Amusa has a Neutral rating on Axovant and a $2 price target....
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Solid Biosciences Snags Bullish Initiation As It Develops Gene Therapy For Muscular Dystrophy
Wednesday, February 21, 2018 - 10:18am | 382The young biotech firm Solid Biosciences Inc (NASDAQ: SLDB) secured two Buy ratings Tuesday and another Wednesday. The Rating Chardan Capital analyst Gbola Amusa initiated Solid Biosciences with a Buy rating and $40 price target. The Thesis Amusa expects gene therapies to penetrate 26.8...