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Fly News Breaks for November 12, 2019
MNTA
Nov 12, 2019 | 08:22 EDT
SunTrust analyst Robyn Karnauskas initiated coverage of Momenta with a Buy rating and $29 price target. The analyst contends that the company's development of an anti FcRn molecule could yield a best-in-class asset and displace the supply-constrained intravenous immunoglobulin, or IVIg, options used to treat many diseases. Karnauskas adds that the IVIg market currently stands at $10B.
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