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Fly News Breaks for December 22, 2015
PSDV
Dec 22, 2015 | 09:46 EDT
Northland analyst Suraj Kalia said pSivida announced strong Phase III results from its Medidur uveitis study. Overall, the data improves pSivida's bargaining position if a strategic buyer steps in for partner Alimera, and it positions pSivida strongly from a go-direct strategy perspective, the analyst reported. Kalia rates pSivida an Outperform with a $10 price target on shares.
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