Oncothyreon Reports Full Year and Fourth Quarter 2014 Financial Results

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Jefferies Starts Oncothyreon (ONTY) at Buy; Sees 49% Upside

March 12, 2015 6:42 AM EDT

Jefferies initiates coverage on Oncothyreon (NASDAQ: ONTY) with a Buy rating and a price target of $2.50, suggesting 49% upside to yesterday's close.

Analyst Biren Amin commented, "ONTY's ONT-380 has shown encouraging efficacy in PI trials and differentiates itself from competitors on safety. ONTY is further... More

Oncothyreon (ONTY) Misses Q4 EPS by 21c

March 10, 2015 4:02 PM EDT

Oncothyreon (NASDAQ: ONTY) reported Q4 EPS of ($0.30), $0.21 worse than the analyst estimate of ($0.09).

As of December 31, 2014, Oncothyreon's cash, cash equivalents and investments were $63.7 million, compared to $72.6 million at December 31, 2013, a decrease of $8.9 million, or 12.3 percent. The decrease was primarily attributable to $48.4... More