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AGTC

Applied Genetic

$4.38

-0.125 (-2.78%)

16:02
06/14/18
06/14
16:02
06/14/18
16:02

Applied Genetic names Lanita Scott as VP of Clinical Research

Applied Genetic Technologies announced the appointments of Lanita C. Scott, M.D., to the position of Vice President of Clinical Research and Medical Affairs and Karen M. Carroll, RN, to the position of Vice President of Clinical Development Operations. Dr. Scott brings more than 20 years of experience in medical affairs to her new role, with a proven track record in strategic research, product positioning, publication planning, key opinion leader development and clinical trial design. She also led her own ophthalmology/glaucoma private practice for several years. Prior to joining AGTC, Dr. Scott served as Head, Global Strategic Research, Senior Medical Director, and Global Medical Affairs for Santen, Inc., where she successfully implemented a Global Strategic Research function, including organizational design, governance and infrastructure needs assessment and resource recommendations. In addition, Dr. Scott also served as Assistant Medical Director, Ophthalmology, for leading biotech manufacturer Genentech, Inc., Associate Medical Director, Medical Affairs, for Regeneron Pharmaceuticals, Inc., and Senior Medical Director, Global Medical Affairs for Allergan, Inc.

AGTC Applied Genetic
$4.38

-0.125 (-2.78%)

09/13/17
HCWC
09/13/17
NO CHANGE
Target $8
HCWC
Buy
H.C. Wainwright halves Applied Genetic target on timeline pushouts
H.C. Wainwright analyst Joseph Pantginis halved his price target for Applied Genetic Technologies to $8 from $16 following the company's 2017 results. Today's XLRS update should increase frustration because the timeline has been pushed out to approximately mid-2018 for the potential data, Pantginis tells investors in a research note. The analyst pushed out his projected launch year for XLRS and ACHM-B3 from 2022 to 2023. He reiterates a Buy rating on Applied Genetic.
09/14/17
BMOC
09/14/17
NO CHANGE
BMOC
Applied Genetic price target lowered to $7 from $14 at BMO Capital
BMO Capital analyst Matthew Luchini cut his price target on Applied Genetic as he lowered the chances of success of its lead XLRS program to 40% from 70%. He lowered the program's chance of success due to what he sees as lack of impact on patients treated in the dose escalation portion of a trial. However, the analyst believes that new Phase I/II data due to be reported in late 2017 or early 2018 could "help unlock a roughly $750M peak sales opportunity." He keeps an Outperform rating on the shares.
09/14/17
CANT
09/14/17
NO CHANGE
Target $9
CANT
Neutral
Applied Genetic price target lowered to $9 from $15 at Cantor
Cantor Fitzgerald analyst Mara Goldstein lowered her price target for Applied Genetic Technologies to $9 and keeps a Neutral rating on the name following the company's Q4 results and business update. The analyst cites the slow clinical progression of the company's trials and the revelation that the XLRS trial may need additional patients and time to identify therapeutic activity for the lowered target. She sees a "lack of actionable clinical data" in the near-term.

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