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EIGR

Eiger BioPharmaceuticals

$12.50

-0.5 (-3.85%)

08:04
11/29/16
11/29
08:04
11/29/16
08:04

Eiger BioPharmaceuticals updates progress in development of exendin 9-3

Eiger BioPharmaceuticals announced an update on the company's development program for exendin 9-39 as a potential treatment for post-bariatric hypoglycemia, a rare, debilitating and chronic disorder with no approved treatment. Eiger is developing a novel subcutaneously-administered form of exendin 9-39 for patients who experience dangerously low post-prandial (post-meal) blood glucose levels due to PBH. Eiger has now filed an investigational new drug application for exendin 9-39 with the FDA. Eiger is the exclusive licensee of exendin 9-39 from Stanford University, which, under the Stanford IND, has generated and presented promising proof of concept data in multiple studies in patients with PBH, including an intravenous infusion study of exendin 9-39 and a subcutaneous injection study involving single-ascending doses of exendin 9-39. Eiger is currently sponsoring a multiple-ascending dose study involving SC exendin 9-39 in patients with PBH at Stanford, with interim data to be presented at a company-hosted Analyst / Key Opinion Leader event on December 9th.

  • 29

    Nov

  • 29

    Nov

EIGR Eiger BioPharmaceuticals
$12.50

-0.5 (-3.85%)

06/01/16
WEDB
06/01/16
INITIATION
Target $36
WEDB
Outperform
Eiger BioPharmaceuticals initiated with an Outperform at Wedbush
Target $36.
07/05/16
OPCO
07/05/16
INITIATION
Target $34
OPCO
Outperform
Eiger BioPharmaceuticals initiated with an Outperform at Oppenheimer
Oppenheimer analyst Carlos Solorzano started Eiger BioPharmaceuticals with an Outperform rating and $34 price target.
08/18/16
PIPR
08/18/16
NO CHANGE
Target $35
PIPR
Overweight
Eiger BioPharma raises $20M ahead of Sarasar Data, says Piper Jaffray
Piper Jaffray analyst Edward Tenthoff says that Eiger BioPharmaceuticals ended Q2 with $45.4M and just issued 1.25 million shares at $16.00, raising gross proceeds of $20M, which will fund development of multiple Phase 2 orphan disease candidates into 2018. Tenthoff notes that he is looking for important Phase 2 updates on Sarasar, or lonafarnib, in Hepatitis Delta Virus at AASLD, or American Association for the study of liver diseases, meeting in November. The analyst reiterates an Overweight rating on the stock but lowered his price target on the shares to $35 from $37.50 to account for dilution from the deal.
09/13/16
PIPR
09/13/16
NO CHANGE
Target $35
PIPR
Overweight
Piper sees a trading opportunity in Eiger BioPharmaceuticals
Piper Jaffray analyst Edward Tenthoff believes the recent weakness in shares of Eiger BioPharmaceuticals has created a "compelling trading opportunity" into November's American Association for the Study of Liver Diseases meeting. Eiger will report 24-week Phase II data on Sarasar to treat Hepatitis Delta Virus at the conference, Tenthoff tells investors in a research note. The analyst expects the data to be "highly informative about future development of Sarasar." He reiterates an Overweight rating on Eiger shares with a $35 price target.

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