Merrimack Announces U.S. FDA Approval of ONIVYDE™ (irinotecan liposome injection) for the Treatment of Patients with Metastatic Pancreatic Cancer

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Merrimack Pharmaceuticals (MACK) Weakness Creates Buying Opportunity, Mizuho Securities Says

October 23, 2015 6:51 AM EDT

Weakness in Merrimack Pharmaceuticals (NASDAQ: MACK) following FDA approval of ONIVYDE presents a buying opportunity, according to Eric Criscuolo of Mizuho Securities. The firm reiterated an Outperform rating and price target of $16.

Criscuolo commented, "We think the 13% decline following news of ONIVYDE approval... More

Merrimack (MACK) Onivyde Labeling Appears as Expected, Says Mizuho Securities

October 22, 2015 2:14 PM EDT

Mizuho Securities maintained a Buy rating on Merrimack Pharmaceuticals (NASDAQ: MACK) with a price target of $16. Shares dropped 20% after Merrimack announced FDA approval for MM-398. In the view of analyst Eric Criscuolo, the label was as expected, despite the Black Box warning for diarrhea and... More

Merrimack Pharma (MACK) Drops Lower Following ONIVYDE Approval; Will Include 'Boxed Warning'

October 22, 2015 2:10 PM EDT

Merrimack (Nasdaq: MACK) shares are down over 21 percent with heavy volume Thursday afternoon after the company... More