Alexion Pharma (ALXN) Could Consider Buying Ra Pharmaceuticals (RARX) Outright - RBC
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Price: $48.00 --0%
Rating Summary:
0 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
Rating Summary:
0 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
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RBC Capital analyst Kennen MacKay said Ra Pharmaceuticals (NASDAQ: RARX) Zilucoplan gMG data should impress even the skeptics and suggests while it is still several years from market, Alexion Pharma (NASDAQ: ALXN) could consider outright buying RARX.
"Given ALXN’s focus on Soliris/ALXN1210 expansion into gMG and additional potential mechanisms to target the gMG market (SyntImmune’s FcRn-targeted antibody) we anticipate that as RARX gets closer to commercialization ALXN could have strategic interest in a RARX acquisition, with sufficient financial flexibility to pursue a deal," he comments.
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