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Fly News Breaks for November 5, 2019
VIR
Nov 5, 2019 | 07:13 EDT
JPMorgan analyst Anupam Rama initiated coverage of Vir Biotechnology with an Overweight rating and $25 price target. The company's four distinct technology platforms offer long-term pipeline optionality across multiple infectious disease indications, Rama tells investors in a research note. He believes the scientific rationale across the platforms allows Vir to approach infectious diseases from multiple angles, "some of which are potentially synergistic."
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