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RDHL

RedHill Biopharma

$13.31

-0.67 (-4.79%)

07:13
10/06/16
10/06
07:13
10/06/16
07:13

RedHill Biopharma provides progress update on RHB-104 Phase III program

RedHill Biopharma provided an update on the RHB-104 Phase III Crohn's disease development program, planned enhancements to the MAP US first Phase III study and expected milestones, including an option for early stop for success for overwhelming efficacy. An option for early stop for success for overwhelming efficacy has been introduced into the ongoing first Phase III study with RHB-104 for Crohn's disease and analysis is expected in the second quarter of 2017 as part of a second independent data safety and monitoring board interim safety and efficacy review; The introduction of an early stop for success option may provide an opportunity to significantly shorten the time for study completion. An independent safety-focused DSMB meeting for the Phase III MAP US study is on track for the fourth quarter of 2016. Ongoing work on RedHill's companion MAP diagnostic test has led to the successful identification of MAP DNA in blood samples from Crohn's disease patients; Further development work on the MAP companion diagnostic is in progress; RedHill has recently entered into a collaboration with Baylor College of Medicine - RedHill's third such MAP diagnostics collaboration with a leading U.S. university.

RDHL RedHill Biopharma
$13.31

-0.67 (-4.79%)

04/05/16
ROTH
04/05/16
NO CHANGE
Target $26
ROTH
Buy
'Positive momentum' building for RedHill Biopharma, says Roth Capital
Roth Capital analyst Scott Henry sees a continued 'positive momentum' at RedHill Biopharma, with progress toward a Rizaport partnership in Spain and promising proof-of-concept data for RHB-104 to treat multiple sclerosis. Although Henry does not view these as core assets, he believes that this progress validates the company's business model. The analyst reiterates a Buy rating and his $26 price target on the stock.

TODAY'S FREE FLY STORIES

KMB

Kimberly-Clark

$116.09

0.6 (0.52%)

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CELG

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Juno Therapeutics

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MOS

Mosaic

$26.40

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LRAD

LRAD Corporation

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LRAD Corporation to ho ld a conference call »

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Board of Governors of the Federal Reserve System holds a closed meeting »

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MCO

Moody's

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$NSD

NASDAQ Market Internals

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PG

Procter & Gamble

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$NYE

NYSE Market Internals

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CLR

Continental Resources

$55.80

0.63 (1.14%)

11:15
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Options
Continental Resources put volume heavy and directionally bearish »

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11:15
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General news
Treasury announced a $35 B 4-week bill offering for Tuesday »

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LQ

La Quinta

$20.32

0.135 (0.67%)

, WYN

Wyndham

$126.65

-0.34 (-0.27%)

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Downgrade
La Quinta, Wyndham rating change  »

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LQ

La Quinta

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WYN

Wyndham

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AAPL

Apple

$178.46

-0.8 (-0.45%)

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Periodicals
KGI's Kuo says Apple will discontinue first-generation iPhone X, MacRumors says »

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General news
4-Week Bill Announcement Offering Amount data reported »

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ZIOP

Ziopharm

$4.28

-0.08 (-1.83%)

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Periodicals
Ziopharm rise due to 'stupid money' inflow, Feuerstein says »

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LQ

La Quinta

$20.35

0.17 (0.84%)

11:02
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Downgrade
La Quinta rating change  »

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NWBI

Northwest Bancshares

$17.09

0.24 (1.42%)

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Earnings
Northwest Bancshares reports Q4 EPS 22c, consensus 22c »

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AKS

AK Steel

$6.10

-0.34 (-5.28%)

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AK Steel: Ladle at Middletown Works caster malfunctioned, no injuries reported »

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  • 30

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XLU

Utilities SPDR

$50.47

0.48 (0.96%)

11:00
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Renewed interest in SPDR Utility Fund Mar 49 puts »

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NWBI

Northwest Bancshares

$17.09

0.24 (1.42%)

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Northwest Bancshares boosts quarterly dividend 6.25% to 17c per share »

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BCS

Barclays

$11.61

0.4715 (4.23%)

10:56
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Hot Stocks
Barclays: Nehren as head of statistical modeling & development, Equities »

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ALGN

Align Technology

$269.46

-1.24 (-0.46%)

10:55
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Options
Align Technology put volume heavy and directionally bearish »

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HPQ

HP Inc.

$23.78

0.075 (0.32%)

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Conference/Events
HP Inc. to hold a webcast »

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  • 22

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