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CRBP

Corbus Pharmaceuticals

$7.90

2.75 (53.40%)

18:34
09/20/18
09/20
18:34
09/20/18
18:34

Corbus CEO says wants to be leading pipeline for synthetic endocannabinoids

Corbus Pharmaceuticals CEO Yuval Cohen said on CNBC's "Mad Money" that its synthetic endocannabinoid-mimetic drug lenabasum is currently being evaluated in four diseases. Cohen said that the company's cash position is "strong" and that he wants Corbus to be the leading pipeline for synthetic endocannabinoids. Cohen noted that what company works with "has nothing to do" with the marijuana plant, saying his drugs are completely man-made.

  • 20

    Sep

  • 01

    Oct

CRBP Corbus Pharmaceuticals
$7.90

2.75 (53.40%)

03/13/18
CANT
03/13/18
NO CHANGE
Target $32
CANT
Overweight
Corbus Pharmaceuticals price target raised to $32 from $28 at Cantor Fitzgerald
Cantor Fitzgerald analyst Elemer Piros last night raised his price target for Corbus Pharmaceuticals to $32 following the company's Q4 results. The analyst did not find any surprises in the release and remain focused on the company's milestones in 2018. He sees 2018 as a year for execution and keeps an Overweight rating on Corbus.
05/11/18
CANT
05/11/18
NO CHANGE
Target $32
CANT
Overweight
Corbus Pharmaceuticals current valuation attractive, says Cantor Fitzgerald
Cantor Fitzgerald analyst Elemer Piros reiterates an Overweight rating on Corbus Pharmaceuticals with a $32 price target following the company's Q1 results. The analyst views 2018 as a "big year for execution" with the initiation of the Phase 3 RESOLVE-1 study in systemic sclerosis, initiation of the Phase 2b study in cystic fibrosis, and initiation of the Phase 2 study in systemic lupus erythematosus. He finds the stock's current valuation attractive.
09/13/18
CANT
09/13/18
NO CHANGE
Target $36
CANT
Overweight
Cantor boosts Corbus target to Street-high $36 after Roche study 'fell short'
Cantor Fitzgerald analyst Elemer Piros raised his price target for Corbus Pharmaceuticals to a Street-high $36 following abstracts from the American College of Rheumatology meeting, which is taking place in October. Among the abstracts, Phase 3 data from Roche's (RHHBY) Phase 3 systemic sclerosis study with competitive agent tocilizumab fell short on its primary endpoint in modified Rodnan skin score, Piros tells investors in a research note partially titled "Lenabasum's Gain, Following Tocilizumab's Loss." The analyst believes the results establish Corbus' lenabasum, in Phase 3 now for systemic sclerosis, as the" only compelling treatment option for patients in this rare and life-threatening disease." Further, Additionally, Piros believes lenabasum's resolution of inflammatory activity was further validated in an assessment of interferon response in patients with dermatomyositis. The analyst reiterates an Overweight rating on the shares. Corbus Pharmaceuticals in afternoon trading is up 7.5c to $5.28.
09/20/18
JMPS
09/20/18
NO CHANGE
Target $27
JMPS
Outperform
Corbus deal for endocannabinoid compounds makes sense, says JMP Securities
JMP Securities analyst Liisa Bayko said she is pleased with Corbus' announcement that it has licensed the exclusive worldwide rights to develop, manufacture and market drug candidates from more than 600 compounds targeting the endocannabinoid system from Jenrin. While she thinks the deal "makes a lot of strategic sense," Bayko is not yet incorporating the drug candidates into her valuation given the early stage of these assets. Bayko, who said the new assets represent potential upside, keeps an Outperform rating and $27 price target on Corbus shares.

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MNR

Monmouth Real Estate

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  • 29

    Nov

TEUM

Pareteum

$2.47

-0.07 (-2.76%)

17:38
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TEUM

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  • 07

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NOC

Northrop Grumman

$307.77

-0.445 (-0.14%)

, LMT

Lockheed Martin

$328.22

0.21 (0.06%)

17:33
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Periodicals
Trump to meet CEOs of Boeing, Lockheed Martin, General Dynamics, Reuters reports »

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NOC

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LMT

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$328.22

0.21 (0.06%)

BA

Boeing

$356.28

-3 (-0.84%)

GD

General Dynamics

$190.43

-0.76 (-0.40%)

BAESY

BAE Systems

$0.00

(0.00%)

HON

Honeywell

$153.49

-1.73 (-1.11%)

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ISR

IsoRay

$0.50

0.0191 (3.98%)

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Breaking Syndicate news story on IsoRay »

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NHS

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BIOC

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AZO

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SACH

Sachem Capital

$4.33

0.02 (0.46%)

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MRTX

Mirati Therapeutics

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  • 19

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SPNE

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EPZM

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Conference/Events
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  • 19

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EWI

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$25.52

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ASTC

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CTMX

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OXM

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16:28
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  • 23

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HELE

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