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Fly News Breaks for November 15, 2019
MNTA
Nov 15, 2019 | 11:19 EDT
Piper Jaffray analyst Danielle Brill said some digging revealed a social media post stating "History has been made! The first ever M281 baby was born," which may explain Momenta having published an 8-K acknowledging that the first patient in the HDFN trial delivered a full-term baby after management indicated that they were not going to comment on any study details until it finished. However, the patient "clearly felt treatment was successful," said Brill, who sees this as "a pretty strong indicator that the trial is going well and safety has not been an issue." Although anecdotal, Brill reads today's news as evidence of M281's safety and efficacy and keeps an Overweight rating on Momenta shares.
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