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BLFS

BioLife Solutions

$3.38

0.2658 (8.55%)

18:19
07/13/17
07/13
18:19
07/13/17
18:19

BioLife Solutions announces marketing approval for Invossa-K

BioLife Solutions announced that Kolon Life Science, TissueGene's exclusive licensee for Asia, including Korea, has received marketing approval for Invossa-K Inj., the world's first cell and gene therapy for degenerative arthritis from the Korea Ministry of Food and Drug Safety. The manufactured Invossa cell and gene therapy will be frozen and shipped in BioLife's CryoStor cell freeze media to extend the shelf life until arrival at the clinic for injection into the patient, the company said.

BLFS BioLife Solutions
$3.38

0.2658 (8.55%)

07/05/17
07/05/17
UPGRADE
Target $5

Buy
BioLife Solutions upgraded to Buy at Janney Capital
As previously reported, Janney Capital upgraded BioLife Solutions to Buy from Neutral with a $5 price target saying Novartis' July 12 FDA hearing is the last step before CTL019 approval and signals the beginning of the regenerative medicine era. Further, with a recurring revenue stream and over 20 products in Phase III trials, the analyst believes growth can accelerate.
07/05/17
JANY
07/05/17
UPGRADE
JANY
Buy
BioLife Solutions upgraded to Buy from Neutral at Janney Capital
03/10/17
MAXM
03/10/17
NO CHANGE
Target $4
MAXM
Buy
BioLife Solutions price target raised to $4 from $3 at Maxim
Maxim analyst Gabrielle Zhou increased her out year estimates for BioLife Solutions' media products citing demand growth as the cell therapy space grows and raised her price target to $4 from $3. The analyst, who thinks BioLife's media products and shipping platform offer advantages that the cell therapy space will continue to adopt, keeps a Buy rating on the shares.
01/19/17
MAXM
01/19/17
INITIATION
Target $3
MAXM
Buy
BioLife Solutions initiated with a Buy at Maxim
Maxim analyst Gabrielle Zhou started BioLife Solutions (BLFS) with a Buy rating and $3 price target, saying that its biopreservation media products for cell therapy have advantages over competing media products. Kite Pharma's (KITE) KTE-C19 could be approved in 2017, which would be a milestone for the cell therapy space and a catalyst for BioLife, Zhou tells investors.

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