Merrimack and Baxalta Announce Enrollment of First Patient in Phase 2 Study of ONIVYDE™ (irinotecan liposome injection) in Previously Untreated Front-line Metastatic Pancreatic Cancer

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Merrimack Pharmaceuticals (MACK) PT Raised to $15 at Oppenheimer

October 27, 2015 8:17 AM EDT

Oppenheimer analyst Ling Wang reiterated an Outperform rating and boosted her price target on Merrimack Pharmaceuticals (NASDAQ: MACK) to $15.00 (from $13.00) after the FDA approved Onivyde (irinotecan liposome injection, or MM-398) in combination with fluorouracil (5-FU) and leucovorin (5-FU/LV) for the treatment of metastatic pancreatic... More