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Fly News Breaks for February 21, 2017
ANAB
Feb 21, 2017 | 06:28 EDT
Stifel analyst Thomas Shrader initiated AnaptyBio with a Buy and a $30 price target saying it is a unique antibody generation company capable of directed expansion of monoclonal antibodies (mAbs) around a starting point and views it as a potential game changer for the company and collaborators. Beyond its lead programs, Shrader expects a broad pipeline to emerge, and several impressive partners, including Celgene and Tesaro, have already inked deals potentially worth $1.2B in future milestones.
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