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CRME

Cardiome

08:02
07/17/17
07/17
08:02
07/17/17
08:02

Cardiome: Health Canada approves AGGRASTAT high dose regimen

Cardiome Pharma announced that the Therapeutic Products Directorate of Health Canada has approved the AGGRASTAT 25 mcg/kg (high) dose bolus regimen, as requested under the company's supplemental New Drug Submission. The 25 mcg/kg AGGRASTAT HDB regimen (25 mcg/kg over three minutes, followed by a maintenance infusion of 0.15 mcg/kg/min) will now become the recommended dose to reduce the rate of refractory ischemic conditions, new myocardial infarction and death in high-risk patients with non-ST-elevation acute coronary syndrome who undergo early percutaneous coronary intervention

CRME Cardiome

07/17/17
ADAM
07/17/17
INITIATION
Target $8
ADAM
Buy
Cardiome assumed with a Buy at Canaccord
Canaccord analyst Dewey Steadman assumed coverage on Cardiome with a Buy rating as he sees an attractive top-line growth story driven by a unique business model commercializing hospital-based assets outside the U.S. market. The analyst sees additional upside driven by potential future business development and progress on commercialization of Brinavess. Steadman has an $8 price target on Cardiome shares.
12/22/16
LEER
12/22/16
INITIATION
Target $4.75
LEER
Outperform
Cardiome initiated with an Outperform at Leerink
Leerink analyst Jason Gerberry started Cardiome with an Outperform rating and $4.75 price target based on the company's ability to drive "meaningful operating and financial leverage" through the launch of several new products.
08/02/16
ADAM
08/02/16
NO CHANGE
Target $9
ADAM
Speculative Buy
Cardiome price target lowered to $9 from $13.75 at Canaccord
Canaccord lowered its price target on Cardiome to $9 from $13.75 following its secondary offering of shares at a "big discount" to the previous closing of the stock. The firm believes the discount has presented a buying opportunity, as the recent licensing deal for Xydalba accelerates the company's transformation into a European hospital-focused specialty pharmaceuticals company. Canaccord reiterated its Speculative Buy rating on Cardiome shares.

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