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Deutsche Bank Sees Chelsea Therapeutics (CHTP) Risk Skewed to the Downside ahead of Northera Approval

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Chelsea Therapeutics (CHTP) Has 20-100% Net Upside, Wedbush Said

January 15, 2014 8:38 AM EST

Wedbush analyst Liana Moussatos, Ph.D. reiterated an Outperform rating and $8 fair value target on Chelsea Therapeutics (NASDAQ: CHTP) after an FDA AdCom voted 16 to 1 in favor of approving Northera.

Despite the negative FDA tone in the briefing documents, the voting members favored approval with 16 voting yes, 1 voting no, 0 abstentions, and 0 non-votes," Moussatos highlights. For comparison, the previous FDA panel held in February 2012 also voted for approval with 7 voting yes, 4 voting no, 1 abstention, and 1 non-vote. They note that there were eight panel members who participated in both meetings, and of those, 3... More

Chelsea Therapeutics (CHTP) Target Lifted to $8 at Needham & Company on FDA AdCom Support

January 15, 2014 7:20 AM EST

Needham & Company analyst Alan Carr, Ph.D reiterated a Buy rating and doubled his price target on Chelsea Therapeutics (NASDAQ: CHTP) from $4 to $8 after an FDA AdCom yesterday voted 16-1 in favor of approval of Northera for the treatment of NOH.

Carr notes this is the... More

FDA CRDAC Committee Recommends Approval of Chelsea Therapeutics' (CHTP) NORTHERA

January 14, 2014 4:46 PM EST

(Updated - January 14, 2014 5:13 PM EST)

Chelsea Therapeutics International, Ltd. (Nasdaq: CHTP) announced that the Food and Drug Administration's (FDA) Cardiovascular and Renal Drugs Advisory Committee (CRDAC) voted 16-1 to recommend approval of NORTHERA (droxidopa) for the treatment of symptomatic neurogenic orthostatic hypotension (nOH) in... More