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Fly News Breaks for July 11, 2016
ALXN
Jul 11, 2016 | 06:42 EDT
Credit Suisse analyst Alethia Young upgraded Alexion to Outperform saying biosimilar/competition risks are reflected in valuation and various products in the pipeline could drive shares higher. The analyst said Soliris sales growth expectations have pulled back significantly and near-term pipeline opportunities include Kanuma, Soliris expansion through NMO and MG, and MPS IIIB remains early but we could learn more about key neurocognitive trends later in 2016.
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