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RDHL

RedHill Biopharma

$13.61

0.08 (0.59%)

08:07
10/18/16
10/18
08:07
10/18/16
08:07

RedHill Biopharma awarded patent in Japan for RHB-104

RedHill Biopharma announced that it has received from the Japan Patent Office a Notice of Allowance for a new patent covering RHB-104 for the treatment of multiple sclerosis, which is expected to be valid until 2032, once granted. This notice follows RedHill's recent announcement that the counterpart European patent application was approved by the European Patent Office.

  • 18

    Oct

RDHL RedHill Biopharma
$13.61

0.08 (0.59%)

04/05/16
ROTH
04/05/16
NO CHANGE
Target $26
ROTH
Buy
'Positive momentum' building for RedHill Biopharma, says Roth Capital
Roth Capital analyst Scott Henry sees a continued 'positive momentum' at RedHill Biopharma, with progress toward a Rizaport partnership in Spain and promising proof-of-concept data for RHB-104 to treat multiple sclerosis. Although Henry does not view these as core assets, he believes that this progress validates the company's business model. The analyst reiterates a Buy rating and his $26 price target on the stock.

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