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DPRX

Dipexium Pharmaceuticals

$13.81

-0.69 (-4.76%)

08:05
10/04/16
10/04
08:05
10/04/16
08:05

Dipexium Pharmaceuticals receives EMA designation as small, medium enterprise

Dipexium Pharmaceuticals announced that it has been granted Small and Medium Enterprise designation by the European Medicines Agency. The Company recently completed its pivotal Phase 3 clinical trials (OneStep-1 and OneStep-2) with Locilex in mild infections of diabetic foot ulcers in the U.S. under a Special Protocol Assessment agreement from FDA. Dipexium expects to have top-line data from these trials available for release shortly as its scientific advisory team is finalizing the database, which currently remains blinded.

DPRX Dipexium Pharmaceuticals
$13.81

-0.69 (-4.76%)

10/14/15
RAJA
10/14/15
INITIATION
Target $35
RAJA
Strong Buy
Dipexium Pharmaceuticals initiated with a Strong Buy at Raymond James
Raymond James initiated Dipexium Pharmaceuticals with a Strong Buy rating and $35 price target on shares. Analyst Elliot Wilbur believes Dipexium's flagship product, Locilex for the treatment of mild diabetic food infections currently in Phase III trials, could have peak sales above $300M with further upside from additional indications.
10/14/15
10/14/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 8point3 Energy (CAFD) initiated with an Outperform at Oppenheimer... American Equity (AEL) initiated with a Buy at Citi... Arthur J. Gallagher (AJG) initiated with an Outperform at Wells Fargo... Axalta Coating (AXTA) initiated with an Outperform at RBC Capital... CDTi (CDTI) initiated with a Buy at Lake Street... Celanese (CE) initiated with a Sector Perform at RBC Capital... Dipexium Pharmaceuticals (DPRX) initiated with a Strong Buy at Raymond James... Dorman Products (DORM) initiated with an Outperform at Barrington... Eastman Chemical (EMN) initiated with an Outperform at RBC Capital... Hain Celestial (HAIN) initiated with an Outperform at Cowen... Hannon Armstrong (HASI) initiated with an Outperform at Oppenheimer... Intrexon (XON) initiated with a Neutral at BofA/Merrill... Jazz Pharmaceuticals (JAZZ) initiated with an Outperform at Northland... Mallinckrodt (MNK) initiated with an Outperform at Northland... Masonite (DOOR) initiated with a Buy at Northcoast... McGraw Hill Financial (MHFI) initiated with an Overweight at Atlantic Equities... Microsemi (MSCC) initiated with a Buy at Mizuho... Moody's (MCO) initiated with a Neutral at Atlantic Equities... Prima BioMed (PBMD) initiated with a Buy at H.C. Wainwright... RPM (RPM) initiated with a Sector Perform at RBC Capital... Shire (SHPG) initiated with an Outperform at Northland... Transact Technologies (TACT) initiated with a Buy at B. Riley... Vivendi (VIVHY) initiated with an Outperform at Credit Suisse... WageWorks (WAGE) initiated with a Buy at Sidoti... Willis Group (WSH) initiated with an Underperform at Wells Fargo.
02/04/16
02/04/16
NO CHANGE

Dipexium Pharmaceuticals reaches 75% enrollment in Phase 3 trial of Locilex
Dipexium Pharmaceuticals' OneStep-1 and OneStep-2 pivotal Phase 3 clinical trials have reached the 75% enrollment milestone, in the aggregate, with each study having enrolled nearly the same number of patients. OneStep-1 and OneStep-2 are identical, pivotal Phase 3 clinical trials of 180 patients per clinical trial being conducted under a Special Protocol Assessment agreement between the FDA and Dipexium for evaluation of Locilex for the treatment of patients with mild infections of diabetic foot ulcers. The company anticipates completing these trials in 2H16 and is targeting an NDA submission with the FDA in 1H17 and a Marketing Authorization Application submission with the European Medicines Agency in 2H17.

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