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12:00 AM
Jun 27, 2011
 |  BioCentury  |  Analyst Picks & Changes

Analyst picks & changes

Analyst picks & changes

Company Bank Analyst Coverage Opinion Wk chg 6/24 cls
Adventrx Pharmaceuticals Inc. (NYSE-A:ANX) Rodman Michael Higgins Price target Market outperform 20% $2.85
Higgins raised his target to $16 from $4.50, saying investors are overlooking the value of Adventrx's sickle cell disease candidate ANX-188 (formerly poloxamer 188), a non-ionic block copolymer surfactant. He estimates ANX-188 revenue of $115M in 2018. ANX-188 has Orphan Drug designation for sickle cell crisis in pediatric patients and has also been studied in a Phase III trial in patients with sickle cell disease in acute vaso-occlusive crisis. The company plans to start a...

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