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Nomura Securities Starts Amgen (AMGN) at Neutral, $131 PT

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Nomura Securities Starts Pharmacyclics (PCYC) at Buy

January 8, 2014 7:51 AM EST

Nomura Securities initiates coverage on Pharmacyclics (NASDAQ: PCYC) with a Buy. PT $137.00.

Analyst Ian Somaiya comments: "Pharmacyclics is focused on the development and commercialization of small-molecule drugs for oncology and immunology. We expect the companys lead drug, Imbruvica, to transform the treatment... More

Nomura Securities Starts Neurocrine Bio. (NBIX) at Buy

January 8, 2014 7:44 AM EST

Nomura Securities initiates coverage on Neurocrine Bio. (NASDAQ: NBIX) with a Buy. PT $23.00.

Analyst Ian Somaiya comments: "Neurocrine is focused on the development and commercialization of small molecule drugs for neurological and endocrine diseases. We expect positive Phase III data for lead drug elagolix... More

Nomura Securities Starts Gilead Sciences (GILD) at Buy; Top Biotech Stock Pick for 2014

January 8, 2014 7:43 AM EST

Nomura Securities initiates coverage on Gilead Sciences (NASDAQ: GILD) with a Buy rating and $118 price target, naming the stock its biotech top stock pick for 2014.

"Set to dominant the Hepatitis C market through the 2011 acquisition of Pharmasset, which transformed the... More