Bio Blast Pharma (ORPN) Reports Q1 Loss of 23c/Share

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Roth Affirms BioBlast Pharma (ORPN) at 'Buy' Following Q1 Report; U.S. Phase II/III HOPEMD Enrollment Remains Next Milestone

May 19, 2015 11:10 AM EDT

Roth Capital affirms its Buy rating and $18 price target on BioBlast Pharma Ltd. (Nasdaq: ORPN) following hte company's Q1 report, which was issued ahead of the opening bell on Tuesday.

Analyst Joseph Pantginis noted that BioBlast's Q1 loss of $0.23 per share was 1 cent better than the firm's loss estimate.

Pantginis commented, We look forward to ORPN's next operational milestone, the opening of the U.S. Phase II/III HOPEMD site in California with enrollment expected to... More