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Fly News Breaks for March 14, 2016
GWPH
Mar 14, 2016 | 09:53 EDT
Piper Jaffray analyst Joshua Schimmer calls the median seizure reduction of 39% with Epidiolex versus 13% with placebo a "strong win" for GW Pharmaceuticals. The company reported today one of the first major successes of 2016 for the biotech industry, Schimmer tells investors in a research note. The side-effect profile for Epidiolex "was acceptable" for an anti-epileptic drug, the analyst adds. He reiterates an Overweight rating on GW Pharmaceuticals with a $147 price target.
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