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DCTH

Delcath Systems

$2.71

-0.0299 (-1.09%)

16:06
10/12/16
10/12
16:06
10/12/16
16:06

Delcath Systems activates first European clinical sites for Focus trial

Delcath Systems announced that five clinical sites in Europe have been activated and are open for patient enrollment in the company's FOCUS Phase 3 clinical trial for patients with hepatic dominant ocular melanoma. The sites are the first centers in Europe to begin enrolling patients in the FOCUS Trial. Delcath now has 13 centers in the U.S. and Europe open for patient recruitment, and expects up to 30 centers will participate in the FOCUS Trial. The FOCUS Trial is being conducted under a Special Protocol Assessment with the FDA which provides agreement that the Phase 3 trial design adequately addresses objectives that, if met, would support the submission for regulatory approval of Melphalan/HDS.

  • 20

    Oct

DCTH Delcath Systems
$2.71

-0.0299 (-1.09%)

03/04/16
WBTH
03/04/16
INITIATION
Target $1
WBTH
Buy
Delcath Systems initiated with a Buy at WallachBeth
WallachBeth analyst Bob Ai started Delcath Systems with a Buy rating and $1 price target. The company's Melphalan/HDS is a viable treatment for ocular melanoma, Ai tells investors in a research note.
03/04/16
03/04/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Cheniere Energy Partners LP (CQH), Cheniere Energy Partners (CQP), and Cheniere Energy (LNG) initiated with Overweight at JPMorgan by analyst Jeremy Tonet, who said project catalysts "continuously de-risk the story" and the recent selloff provides a "compelling" entry point. 2. Splunk (SPLK) initiated at Outperform at Macquarie and BMO Capital. Macquarie analyst Sarah Hindlian believes concerns around the company's data-volume-based pricing are overblown, as checks suggest that Splunk's new lower-level entry pricing and cap on unlimited pricing are being well received by customers. BMO Capital analyst Keith Bachman said the company has "a lot of room for growth" with its total addressable market likely to grow 11% on average over the next few years. 3. Workday (WDAY) initiated with an Underperform at Macquarie, with analyst Sarah Hindlian saying the upcoming quarters will begin to show increasing challenges from improved competitor positioning and a more difficult FMS cloud sales. 5. Oracle (ORCL) initiated with an Outperform at Macquarie citing attractive defensive investment for value investors and sentiment that has become overly negative. 5. Delcath Systems (DCTH) initiated with a Buy at WallachBeth by analyst Bob Al, who said the company's Melphalan/HDS is a viable treatment for ocular melanoma. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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