Form 8-K ZS Pharma, Inc. For: Nov 05

Go back to Form 8-K ZS Pharma, Inc. For: Nov 05

JPMorgan Downgrades ZS Pharma (ZSPH) to Neutral

November 9, 2015 7:17 AM EST

JPMorgan downgraded ZS Pharma (NASDAQ: ZSPH) from Overweight to Neutral with a price target of $90.00 (from $75.00).

For an analyst ratings summary and ratings history on ZS Pharma click here. For more ratings news on ZS Pharma click here.

Shares of ZS Pharma closed at $89.04 yesterday.

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AstraZeneca (AZN) to Acquire ZS Pharma (ZSPH) in $2.7B Deal

November 6, 2015 6:36 AM EST

AstraZeneca (NYSE: AZN) announced today that it has entered into a definitive agreement to acquire ZS Pharma (NASDAQ: ZSPH), a biopharmaceutical company based in San Mateo, California. ZS Pharma uses its proprietary ion­-trap technology to develop novel treatments for hyperkalaemia (high potassium levels), a serious condition of elevated potassium in the bloodstream, typically associated with chronic kidney disease (CKD) and chronic heart failure (CHF).

The transaction will give AstraZeneca access to the potassium-binding compound ZS-9, a potential best-in-class treatment for hyperkalaemia, a condition... More