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Aduro Biotech (ADRO) LADD Partial Clinical Hold Lifted by FDA

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Roth Capital Reaffirms Aduro Biotech (ADRO) at 'Buy'; Says Partial Clinical Hold Lift No Surprise

November 21, 2016 10:01 AM EST

Roth Capital affirms Aduro Biotech (Nasdaq: ADRO) with a Buy rating and $20 price target after the company announced that the U.S. Food and Drug Administration (FDA) has lifted the partial clinical hold placed on its clinical trials evaluating the LADD (live, attenuated double-deleted) immunotherapy platform, enabling patient enrollment to resume in all Aduro-sponsored clinical studies.

The firm... More