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BIIB

Biogen

$272.46

0.52 (0.19%)

14:03
04/21/17
04/21
14:03
04/21/17
14:03

Biogen announces positive CHMP opinion for Spinraza for SMA treatment

Biogen announced the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency adopted a positive opinion recommending the granting of a marketing authorization for Spinraza to treat patients with spinal muscular atrophy, or SMA. The CHMP reviewed Spinraza under an accelerated assessment program, which is a regulatory mechanism to facilitate earlier access to patients for medicines that fulfill unmet medical needs. Spinraza is the first treatment for SMA to be recommended by the CHMP for approval in the European Union, the company said.

  • 24

    Apr

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    Apr

BIIB Biogen
$272.46

0.52 (0.19%)

04/04/17
SBSH
04/04/17
NO CHANGE
Target $315
SBSH
Buy
Citi reiterates Buy on Biogen after SMA survey
Citi analyst Robyn Karnauskas says her follow-up spinal muscular atrophy survey supports her 2017 thesis on Biogen. The survey, with same doctors to assess the progress of Biogen's Spinraza launch, suggests 11% of the SMA patients have already started on the drug, Karnauskas tells investors in a research note. 18% of the patients have been prescribed Spinraza, up from 10% in the analyst's last survey in January. Karnauskas believes the Q1 consensus of $20M in Spinraza revenue looks achievable. She keeps a Buy rating on Biogen with a $315 price target.
04/04/17
JMPS
04/04/17
DOWNGRADE
JMPS
Market Perform
Forward Pharma downgraded on patent loss at JMP Securities
As noted earlier, JMP Securities downgraded Forward Pharma to Market Perform from Outperform. Analyst Jason Butler downgraded the stock after the Patent Trial and Appeal Board of the United States Patent and Trademark Office decided that all the company's '187 patent claims against Biogen (BIIB) are invalid. Butler believes that Forward's stock is fairly valued at current levels.
04/07/17
LEER
04/07/17
NO CHANGE
Target $290
LEER
Market Perform
Biogen price target lowered to $290 from $300 at Leerink
Leerink analyst Geoffrey Porges lowered his price target for Biogen (BIIB) to $290 from $300 on valuation and reiterated a Market Perform rating on the shares. Last week, the FDA granted approval to its competitor Roche's (RHHBY) Ocrevus for the treatment of both relapsing remitting multiple sclerosis and primary progressive multiple sclerosis, the analyst points out, adding that he believes Ocrevus will be a "game changer" in multiple sclerosis treatment.
04/11/17
CHDN
04/11/17
NO CHANGE
Target $50
CHDN
Buy
REGENXBIO price target raised to $50 from $35 at Chardan
Chardan analyst Gbola Amusa raised his price target on REGENXBIO (RGNX) to $50 from $35, calling the company's appointment of Olivier Danos from Biogen (BIIB) as Chief Scientific Officer a "watershed moment" that increases his conviction in the company's long-term prospects. Amusa keeps a Buy rating on REGENXBIO shares.

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Morgan Stanley

$50.68

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$71.18

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CNC

Centene

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ETFC

E-Trade

$43.20

-0.49 (-1.12%)

08:55
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FB

Facebook

$174.98

0.42 (0.24%)

, AMZN

Amazon.com

$982.91

-3.7 (-0.38%)

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FB

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$174.98

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Amazon.com

$982.91

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$988.20

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DBVT

DBV Technologies

$48.07

0.92 (1.95%)

, AIMT

Aimmune

$25.66

-0.06 (-0.23%)

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DBVT

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$25.66

-0.06 (-0.23%)

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Breaking General news story  »

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ETFC

E-Trade

$43.20

-0.49 (-1.12%)

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19:15
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Breaking General news story  »

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ATRS

Antares Pharma

$2.18

0.06 (2.83%)

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