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CRME

Cardiome

$2.95

-0.09 (-2.96%)

08:01
10/14/16
10/14
08:01
10/14/16
08:01

Cardiome initiates commercial sales operations in Canada

Cardiome Pharma announced that it has initiated commercial sales operations in Canada. The Canadian sales force will immediately begin detailing AGGRASTAT to Canadian hospitals but is expected to expand its efforts to include the detailing of BRINAVESS, XYDALBA and TREVYENT, if and when marketing approval for each respective drug is granted by Health Canada's Therapeutic Products Directorate.

CRME Cardiome
$2.95

-0.09 (-2.96%)

03/11/16
ADAM
03/11/16
NO CHANGE
Target $10
ADAM
Buy
Cardiome price target lowered to $10 from $16 at Canaccord
Canaccord lowered its price target on Cardiome to $10 from $16 following Q4 results. The firm cited its weak results, lowered guidance for the peak potential for Brinavess in Europe, and significant hurdles that remain for the U.S approval for Brinavess. Canaccord maintained its Buy rating on Cardiome shares.
06/01/16
HCWC
06/01/16
INITIATION
Target $9.5
HCWC
Buy
Cardiome initiated with a Buy at H.C. Wainwright
H.C. Wainwright analyst Swayampakula Ramakanth started Cardiome Pharma with a Buy rating and $9.50 price target.
08/02/16
ADAM
08/02/16
NO CHANGE
Target $9
ADAM
Speculative Buy
Cardiome price target lowered to $9 from $13.75 at Canaccord
Canaccord lowered its price target on Cardiome to $9 from $13.75 following its secondary offering of shares at a "big discount" to the previous closing of the stock. The firm believes the discount has presented a buying opportunity, as the recent licensing deal for Xydalba accelerates the company's transformation into a European hospital-focused specialty pharmaceuticals company. Canaccord reiterated its Speculative Buy rating on Cardiome shares.

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