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Galencia's Bid For Relypsa Is 'Reasonable,' Another Bidder 'Unlikely'
Thursday, July 21, 2016 - 10:17am | 382Swiss healthcare group Galenica has agreed to acquire Relypsa Inc (NASDAQ: RLYP) for $1.53 billion. Relypsa received two downgrades from analysts citing the offer being fair and the low probability of another bidder emerging. Citi Citi’s Yigal Nochomovitz downgraded the rating on the...
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'Steady Growth' For Relypsa's Veltassa Launch
Tuesday, July 12, 2016 - 9:32am | 276Wedbush has maintained its Outperform rating and $51 price target on Relypsa Inc (NASDAQ: RLYP), saying that the sixth full month of Veltassa's launch figures show growth in all categories, including revenue-generating outpatient prescriptions. Veltassa is a potassium binder approved for the...
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What's The Market Potential For Relypsa Now That AstraZeneca's ZS-9 Is Indefinitely On Hold?
Friday, July 8, 2016 - 2:33pm | 297In late May, shares of Relypsa Inc (NASDAQ: RLYP) soared when the FDA rejected AstraZeneca plc (ADR) (NYSE: AZN)’s hyperkalemia drug ZS-9. The market is betting that the rejection will be good news for Relypsa’s Veltassa, which also treats hyperkalemia. Slingshot Insights recently held...
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BTIG Still Buying Relypsa As May Prescription Trends Show Steady Veltassa Increases
Thursday, June 16, 2016 - 11:04am | 283Relypsa Inc (NASDAQ: RLYP) reported that paid prescriptions for Veltassa in hyperkalemia increased to 1,230 in May, from 928 in April, and that 1,385 free starter packs were dispensed, representing a 14 percent increase from April. BTIG’s Timothy Chiang maintained a Buy rating on the...
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StreetSweeper On Relypsa: 8 Reasons 'We Wouldn't Run Away & Join This Circus'
Thursday, June 9, 2016 - 10:49am | 389Shares of Relypsa Inc (NASDAQ: RLYP) were volatile Thursday morning. The company is the central focus of The Street Sweeper's latest short thesis. The Street Sweeper's Sony Colberg offered eight reasons why investors should consider running away from the stock and not "join this...
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Relypsa Surges 30% Following Setback From Rival AstraZeneca
Friday, May 27, 2016 - 8:09am | 217Shares of Relypsa Inc (NASDAQ: RLYP) surged higher by more than 30 percent early Friday morning on no corporate news or rumors. According to the TheStreet'sAdam Feuerstein, Relypisa scored a "big win" on Friday after its chief rival AstraZeneca plc (ADR) (NYSE: AZN) confirmed the...
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Brean Thinks Relypsa's Veltassa Sales Were 'Solid, But Not Impressive'
Tuesday, May 17, 2016 - 8:46am | 274Relypsa Inc (NASDAQ: RLYP) disclosed Veltassa prescription data for April in its 8-K on May 16. Brean Capital’s Difei Yang reiterated a Buy rating on the company, with a price target of $26. April Prescription Data “The numbers, including retail and non-retail TRx, were solid, though...
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BTIG Cuts Veltassa Estimates, Relypsa's Price Target To $35
Thursday, May 5, 2016 - 8:17am | 295On its 1Q call, Relypsa Inc (NASDAQ: RLYP) highlighted the challenges it had been facing in gaining patient access for its hyperkalemia treatment, Veltassa. BTIG’s Timothy Chiang maintains a Buy rating on the company, while lowering the price target from $45 to $35. Estimates Lowered Chiang...
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Mizuho Downgrades Relypsa, Says Near-Term Takeout 'Unlikely'
Wednesday, May 4, 2016 - 1:30pm | 375Relypsa Inc (NASDAQ: RLYP) shares plunged more than 18 percent after Mizuho Securities downgraded the stock to Underperform from Neutral, saying the near-term buyout of the company is "unlikely" following its recent $150 million debt offering. "We view this event (offering) as a sign that near-term...
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Morgan Stanley's Berens Highlights Greater Payor Pushback For Relypsa's Veltassa
Friday, April 15, 2016 - 9:54am | 292Morgan Stanley’s AlphaWise survey revealed that awareness and current treatment patterns remained significant headwinds for Veltassa, the lead product of Relypsa Inc (NASDAQ: RLYP). Morgan Stanley’s Andrew S. Berens maintains an Underweight rating for the company, with a price target of...
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Cantor: Relypsa Sale Makes Sense
Thursday, April 7, 2016 - 3:10pm | 190Analysts at Cantor said the potential sale of Relypsa Inc (NASDAQ: RLYP) makes sense. Earlier, Reuters reported the biopharma company is exploring a sale following a number of overtures from potential buyers. Relypsa is working with investment bank Centerview Partners Holdings LLC to review...
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Brean Initiates Relypsa With Buy Rating, $26 Target
Tuesday, March 29, 2016 - 9:32am | 291On Tuesday, Brean Capital issued a company note on Relypsa Inc (NASDAQ: RLYP), initiating coverage on the biopharmaceutical company after recent analysis of their drug Veltassa, which treats hyperkalemia. Currently, analysts at Brean Capital rate Relypsa as a Buy with a $26 price target. Difei...
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Cowen Analysts Happy About Relypsa-Veltassa Launch, Say These Four Things Are Coming
Tuesday, January 26, 2016 - 10:31am | 381The share price of Relypsa Inc (NASDAQ: RLYP) has declined 32.09 percent over the past one month, following a 42.17 percent appreciation over the past three months. Cowen’s Eric Schmidt has maintained an Outperform rating on the company. Data from the drug-drug interaction study for...
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Relypsa Up 10% Following Encouraging Phase 1 Study Results
Tuesday, January 26, 2016 - 9:30am | 262Shares of Relypsa Inc (NASDAQ: RLYP), a biopharmaceutical company that focuses on non-absorbed polymeric drugs to tread disorders in the areas of renal, cardiovascular and metabolic diseases, were trading higher by more than 10 percent early Tuesday morning. Relypsa announced after Monday's close...
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EXCLUSIVE: Relypsa Being Evaluated By 3-4 Potential Acquirers; Sanofi Seen As 'Natural Buyer'
Friday, December 4, 2015 - 2:14pm | 432Relypsa Inc (NASDAQ: RLYP) shares are up more than 16 percent on Friday afternoon after unconfirmed reports that Merck & Co., Inc. (NYSE: MRK) could make a bid for the $1.07 billion bio therapeutic company. A source familiar with the matter told Benzinga Merck is not involved with a bid, but...