Leerink Swann Resumes Anthera Pharma (ANTH) at Outperform

November 13, 2012 10:12 AM EST
Get Alerts ANTH Hot Sheet
Price: $0.00 --0%

Rating Summary:
    8 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Leerink Swann resumes coverage on Anthera Pharma (NASDAQ: ANTH) with a Outperform. PT $3.00.

The firm comments, "We foresee ANTH commercializing a promising and potentially differentiated immunotherapy in Blisibimod (B-mod [lupus]) if the company can successfully enroll pivotal CHABLIS-2 trial patients in order to achieve regulatory approvals in the US. Based on positive MEDACorp KOL feedback balanced by US enrollment concerns, we believe investors have oversold shares. KOL feedback was increasingly positive after each incremental B-mod PEARL-SC dataset, suggesting it may become a differentiated SLE therapy. Upside in ANTH shares could be driven by news of pivotal trial enrollment execution, differentiated datasets, signs of FDA flexibility related to SLE and growing Benlysta revenues."

For an analyst ratings summary and ratings history on Anthera Pharma click here. For more ratings news on Anthera Pharma click here.

Shares of Anthera Pharma closed at $0.69 yesterday.


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