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Aegis Capital Affirms Corbus Pharma (CRBP) at 'Buy' Following Strong Resunab Phase 2 Data

Go back to Aegis Capital Affirms Corbus Pharma (CRBP) at 'Buy' Following Strong Resunab Phase 2 Data

Cantor Fitzgerald Reiterates Bullish View on Corbus Pharmaceuticals (CRBP) on Resunab Success

November 14, 2016 7:36 AM EST

Cantor Fitzgerald analyst Elemer Piros reiterated a Buy rating and $17 price target on Corbus Pharmaceuticals (NASDAQ: CRBP) after Resunab achieves median CRISS score of 33% versus placebo 0% at 16 weeks, demonstrating clinical activity in target Scleroderma patients (p = 0.044).

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Corbus Pharma (CRBP) Announces Topline Data from Resunab Phase 2 in SS Diffusion; Meaningful CRISS Score Noted

November 14, 2016 6:33 AM EST

Corbus Pharmaceuticals Holdings, Inc. (Nasdaq: CRBP) announced positive topline results from its Phase 2 study evaluating Resunab ("JBT-101") for the treatment of diffuse cutaneous systemic sclerosis ("systemic sclerosis"). JBT-101 out-performed placebo in the American College of Rheumatology (ACR) Combined Response Index in diffuse cutaneous Systemic Sclerosis (CRISS) score, reaching 33% at week 16, versus 0% for placebo. The higher the CRISS score the greater the improvement; a CRISS... More