BioCentury on BioBusiness,
Analyst Picks & Changes
Analyst picks & changes
Published on
Monday, January 2, 2012
|
Company
|
Bank
|
Analyst
|
Coverage
|
Opinion
|
Wk
chg
|
12/30
cls
|
|
Progenics
Pharmaceuticals Inc. (NASDAQ:PGNX)
|
Needham
|
Alan
Carr
|
Upgrade
|
Buy
(from hold)
|
-3%
|
$8.54
|
|
Carr
also set a $10 target after Progenics and partner Salix Pharmaceuticals
Ltd. (NASDAQ:SLXP) said once-daily 300 and 450 mg oral methylnaltrexone
met the primary endpoint in a Phase III trial to treat opioid-induced
constipation (OIC) (see B35). Salix plans to submit an NDA to FDA for
the oral peripheral mu opioid receptor (MOR) antagonist to treat OIC in
patients with chronic, non-cancer pain in mid-2012. Salix already markets a
subcutaneous methylnaltrexone as Relistor to treat OIC in patients receiving
palliative care when response to laxatives has not been sufficient. Progenics
stock was up 34% the week ended Dec. 23, 2011, when Carr issued his report.
|
128
words displayed of
387
words total.
To read this article, you must be an Archives subscriber. Please choose one of the options below.
All contents Copyright © 1993-2013 BioCentury Publications, Inc. ALL RIGHTS RESERVED. All use of this Web Site and its contents is governed by the BioCentury User Agreement and the BioCentury Terms of Use. The contents of this Web Site are protected under U.S. and foreign copyright and intellectual property laws, and no part of this Web Site or its contents may be photocopied, reproduced or retransmitted in any form without the written consent of BioCentury, which may be requested from Reprints/Permissions at www.biocentury.com. BioCentury®; The Bernstein Report on BioBusiness™; The BioCentury 100™; The Clear Route to ROI™; Because Real Intelligence is Hard to Find™; BCIQ™; and BioPharma's Knowledge Center™; are trademarks of BioCentury Publications, Inc., P.O. Box 1246, San Carlos, CA 94070. SciBX® and SciBX: Science-Business eXchange® are trademarks of Nature America, Inc. that are jointly used by BioCentury Publications, Inc. and Nature America, Inc.
|
Current Subscribers
If you are a current subscriber, log in below or in the upper right corner of this
page.
Log In
Subscription Option
Whether you want an individual subscription or need a global group license, we have the products,
the experience and the customer support that biopharma executives, researchers, investors, service providers,
and industry stakeholders have trusted for nearly two decades.
Let our Subscriber Services team customize the best intelligence package available in the industry to meet your needs.
Free Trial 4 Weeks of Access
Get a 4-week free trial subscription to see the important articles you are missing.
Get 4 Weeks Free
Thank You
Thanks for purchasing this article.
Please bookmark this url for future reference.
We have also sent you a confirming e-mail with a receipt and this same url for your
records.
close [ X ]