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ALDR

Alder Biopharmaceuticals

$12.95

-0.45 (-3.36%)

07:44
01/08/18
01/08
07:44
01/08/18
07:44

Alder Biopharmaceuticals: eptinezumab met primary endpoint in PROMISE 2 trial

Alder BioPharmaceuticals announced that eptinezumab, its lead investigational product candidate for migraine prevention targeting calcitonin gene-related peptide,or CGRP, met the primary endpoint in its pivotal Phase 3 PROMISE 2 clinical trial with very high statistical significance vs. placebo for both dose levels tested in the trial following a single quarterly infusion. In addition, eptinezumab met all key secondary endpoints with very high statistical significance vs. placebo including prevention beginning Day One and 50% and 75 % responder rates month one through month three. Furthermore, 15% of eptinezumab patients had no migraine for a full three months. Safety and tolerability were similar to previously reported eptinezumab studies.

ALDR Alder Biopharmaceuticals
$12.95

-0.45 (-3.36%)

09/26/17
COWN
09/26/17
INITIATION
Target $20
COWN
Outperform
Alder Biopharmaceuticals initiated with an Outperform at Cowen
Cowen analyst Tyler Van Buren initiated Alder Biopharmaceuticals with an Outperform rating and $20 price target as he believes its eptinezumab has created a differentiated clinical profile that is optimal for patients most severely impacted by migraine. He believes the company's IV infusion will carve out a meaningful opportunity, which will drive Alder shares to his $20 price target.
09/26/17
09/26/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. DowDuPont (DWDP) initiated with a Hold at HSBC. 2. Lilis Energy (LLEX) initiated with a Buy at Williams Capital. 3. Alder Biopharmaceuticals (ALDR) initiated with an Outperform at Cowen. 4. Corium (CORI) initiated with a Buy at H.C. Wainwright. 5. Tegna (TGNA) initiated with a Sector Perform at RBC Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
10/26/17
ADAM
10/26/17
INITIATION
Target $20
ADAM
Buy
Alder Biopharmaceuticals initiated with a Buy at Canaccord
Canaccord initiated Alder Biopharmaceuticals with a Buy and $20 price target.
10/27/17
10/27/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. IBM (IBM) initiated with a Buy at Pivotal Research. 2. Alder Biopharmaceuticals (ALDR) initiated with a Buy at Canaccord. 3. Biogen (BIIB) initiated with a Hold at Canaccord. 4. Okta (OKTA) initiated with a Buy at SunTrust. 5. Carvana (CVNA) initiated with a Market Perform at Barrington. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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16:30
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Options
Preliminary option volume of 16.4M today »

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VTL

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