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MLNT

Melinta Therapeutics

$1.16

-0.06 (-4.92%)

08:33
12/19/18
12/19
08:33
12/19/18
08:33

Melinta Therapeutics announces John Johnson as permanent CEO

Melinta Therapeutics announced that John Johnson has agreed to become the permanent CEO of Melinta, subject to the terms of an employment contract and the close of the previously announced commitment for a credit facility of up to $135M from Vatera Healthcare Partners. Johnson is a director of Melinta and has served as interim CEO of the company since October 22.

  • 20

    Dec

MLNT Melinta Therapeutics
$1.16

-0.06 (-4.92%)

11/01/18
HCWC
11/01/18
NO CHANGE
Target $13
HCWC
Buy
Melinta Therapeutics target raised to $13 on 'clean win' at H.C. Wainwright
H.C. Wainwright analyst Ed Arce raised his price target for Melinta Therapeutics to $13 from $12 citing the company's positive top-line results of its Phase 3 pivotal study of Baxdela compared to moxifloxacin for the treatment of adults with community acquired bacteria pneumonia. The analyst views the data as a "clean win" and thinks it likely cues up a key label expansion by the end of 2019. He raised his probability of success for community acquired bacteria pneumonia to 85% from 65% and keeps a Buy rating on Melinta.
10/22/18
HCWC
10/22/18
NO CHANGE
Target $12
HCWC
Buy
Melinta CEO departure not business related, says H.C. Wainwright
After speaking to the company, H.C. Wainwright analyst Ed Arce says the "abrupt" departure of Melinta Therapeutics CEO Dan Wechsler "was mutual and involved nothing business related." Further, the analyst encouraged that the board, in appointing director John Johnson as interim CEO, has selected a 35-year industry veteran with "extensive executive experience." Arce lowered his price target for Melinta Therapeutics to $12 from $14 and affirms a Buy rating on the name.
10/22/18
10/22/18
UPGRADE

Melinta Therapeutics upgraded to Buy on valuation at Gabelli
As previously reported, Gabelli upgraded Melinta Therapeutics to Buy from Neutral citing valuation.
10/22/18
GABE
10/22/18
UPGRADE
GABE
Buy
Melinta Therapeutics upgraded to Buy from Hold at Gabelli

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$NYE

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FANG

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  • 06

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QQQ

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XEC

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WE

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JNJ

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DIS

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MAS

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IGT

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$NYE

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GGAL

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NWBO

Northwest Biotherapeutics

$0.00

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