Deutsche Bank Sees Chelsea Therapeutics (CHTP) Risk Skewed to the Downside ahead of Northera Approval
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Chelsea Therapeutics (CHTP) Has 20-100% Net Upside, Wedbush Said
January 15, 2014 8:38 AM ESTWedbush 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 ESTNeedham & 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