2022-01-13 16:31:29 FOLD Amicus
01/13/22 01/1316:31 01/13/2216:31 | Amicus upgraded to Outperform at SVB Leerink after physician surveySVB Leerink analyst Joseph Schwartz upgraded Amicus to Outperform from Market Perform with a price target of $16, up from $12, after commissioning a survey to gain physician insights on AT-GAA's clinical value and potential market opportunity if approved. The survey reveals that doctors see clinical value in AT-GAA and suggest that there may be higher uptake of AT-GAA than he initially modeled, Schwartz said. While the survey also showed that physicians ultimately view the clinical value of AT-GAA as "relatively undifferentiated" compared to Nexviazyme, the Pompe market is large opportunity if the treatment is approved, the analyst added. |
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