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12:00 AM
Aug 30, 2010
 |  BioCentury  |  Analyst Picks & Changes

Analyst picks & changes

Analyst picks & changes

Company Bank Analyst Coverage Opinion Wk chg 8/27 cls
Basilea Pharmaceutica AG (SIX:BSLN) Piper Jaffray Sam Fazeli Price target Overweight 0% CHF57
Fazeli lowered his target to CHF88 from CHF94 after the company reduced its 2010 net sales guidance for Toctino alitretinoin to CHF30M ($29M) from CHF35-45M ($33.9-$43.5M) due to pricing pressures in Europe, including a German rebate increase to 16% from 6% in August, and reimbursement delays. The vitamin A derived 9-cis retinoic acid...

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