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MSTX

Merged into SVRA

$0.07

-0.002 (-2.65%)

08:03
11/21/16
11/21
08:03
11/21/16
08:03

Mast Therapeutics provides update on strategic direction

Mast Therapeutics provided an update regarding its recently announced campaign to evaluate strategic opportunities. Preliminary Indications of Interest in Reverse Merger Transactions. The Company has received several written indications of interest from privately-held companies, including companies with synergistic clinical-stage drug candidates, and is actively evaluating these opportunities. Other Strategic Opportunities. Concurrently, the Company will continue to explore ways to strategically monetize its vepoloxamer assets, including through licensing transactions. Continued Clinical Development of AIR001. In parallel with exploring strategic opportunities, the Company will continue to support ongoing and planned investigator-sponsored clinical studies of its lead asset, AIR001, for the treatment of patients with heart failure with preserved ejection fraction. "Our recently-announced strategic process has generated a number of opportunities that would be transformative for Mast," stated Brian M. Culley, CEO of Mast Therapeutics. "We are diligently and expeditiously reviewing these strategic alternatives, which we believe could maximize returns for our stockholders. We also remain excited about the potential for AIR001 in HFpEF and look forward to more data from investigator-sponsored studies in 2017," continued Culley.

MSTX Merged into SVRA
$0.07

-0.002 (-2.65%)

11/23/15
PIPR
11/23/15
NO CHANGE
Target $1
PIPR
Overweight
Mast Therapeutics risk/reward attractive into data, says Piper Jaffray
Piper Jaffray analyst Edward Tenthoff reiterates an Overweight rating on Mast Therapeutics after a specialist told his colleague Josh Schimmer that the company's vepoloxamer is "very interesting" and could be "extremely valuable" at reducing acute vaso-occlusive crisis in sickle cell disease patients. Tenthoff views Mast's risk/reward as attractive into the Phase III EPIC trial data, which is expected in Q2 of 2016. He reiterates an Overweight rating on the stock with a $1 price target. Mast shares closed Friday at 39c.
09/21/16
MAXM
09/21/16
DOWNGRADE
MAXM
Hold
Mast Therapeutics downgraded to Hold from Buy at Maxim
09/27/16
COWN
09/27/16
DOWNGRADE
COWN
Market Perform
Mast Therapeutics downgraded to Market Perform from Outperform at Cowen
Cowen analyst Ritu Baral downgraded Mast Therapeutics to Market Perform citing lack of visibility on the path forward after MST-188 missed the primary endpoint in its Phase III trial for sickle cell and discontinued the program.

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CONE

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FINL

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FL

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BWA

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ICPT

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DLR

Digital Realty

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SPX

S&P 500

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CAG

Conagra Brands

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HDSN

Hudson Technologies

$8.47

-0.79 (-8.53%)

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ACN

Accenture

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FINL

Finish Line

$9.22

-0.21 (-2.23%)

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DKS

Dick's Sporting

$26.23

-0.31 (-1.17%)

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KTCC

Key Tronic

$6.84

-0.023 (-0.34%)

, CETX

Cemtrex

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PGTI

PGT, Inc.

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PNM

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FINL

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M

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WBC

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FINL

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CBI

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$16.26

0.26 (1.63%)

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$63.60

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S

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