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QURE

uniQure

$19.48

-0.43 (-2.16%)

07:06
01/08/18
01/08
07:06
01/08/18
07:06

uniQure 'intensifying efforts to further expand' gene therapy product pipeline

uniQure announced its near-term objectives following a transformational year of achievement and corporate execution. Key business accomplishments during 2017 included uniQure's alignment with regulatory authorities to advance AMT-061 into late-stage clinical development in hemophilia B, progress with its research pipeline including AMT-130 in Huntington's disease, further enhancement of the company's manufacturing capabilities, and the strengthening of its financial position. "We ended 2017 with significant momentum across all of our programs and the cash to fund operations into 2020," stated Matthew Kapusta, chief executive officer of uniQure. "Now that we have established robust, commercial-scale manufacturing in our Lexington facility, we are highly focused on the near-term initiation of our pivotal study of AMT-061 in hemophilia B and Phase I/II trial of AMT-130 in Huntington's disease. We also are intensifying efforts to further expand our gene therapy product pipeline. In addition to AMT-126, our BMS-partnered gene therapy candidate for congestive heart failure, we have a number of promising early-stage projects focused on liver-directed and CNS disorders. We expect multiple new INDs to be filed over the next two years, further leveraging our industry-leading manufacturing and technology platform." As of December 31, 2017, the company had approximately $159M in cash and cash equivalents, and expects cash on hand will be sufficient to fund operations into 2020.

QURE uniQure
$19.48

-0.43 (-2.16%)

11/07/17
LEER
11/07/17
NO CHANGE
Target $26
LEER
Outperform
uniQure price target raised to $26 from $19 at Leerink
11/27/17
OPCO
11/27/17
NO CHANGE
OPCO
Oppenheimer dropping coverage of uniQure
Oppenheimer is dropping coverage of uniQure due to a reallocation of analyst resources.
12/01/17
HCWC
12/01/17
INITIATION
Target $28
HCWC
Buy
uniQure initiated with a Buy at H.C. Wainwright
H.C. Wainwright analyst Debjit Chattopadhyay started uniQure with a Buy rating and $28 price target. The company may be able to deliver a curative option for patients with Hemophilia B well ahead of the competition, which is likely to be disruptive to the $2B global commercial opportunity, the analyst contends.
01/03/18
JANY
01/03/18
INITIATION
Target $25
JANY
Buy
uniQure initiated with a Buy at Janney Capital
Janney analyst Yun Zhong initiated uniQure with a Buy rating and $25 price target.

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CTIC

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AMZN

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ARRY

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TECK

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TWTR

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SPY

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FB

Facebook

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WMT

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AAPL

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-0.8 (-0.45%)

, NFLX

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0.13 (0.06%)

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NFLX

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