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Fly News Breaks for March 4, 2020
LIFE
Mar 4, 2020 | 08:07 EDT
Roth Capital analyst Zegbeh Jallah initiated coverage of aTyr Pharma with a Buy rating and $15 price target. The analyst cited "strong" scientific data for the company's lead candidate, ATYR1923, a tRNA synthetase-derived drug for Pulmonary Sarcoidosis an interstitial lung disease for which efficacy data is expected during Q3; '1923's potential to capture share in the larger ILD market; and collaborations with CSL-Behring and Kyorin that provide further platform validation and non-dilutive capital.
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