Anthera Pharmaceuticals Provides Business Update and Reports 2015 Fourth Quarter and Fiscal Year Financial Results

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Piper Jaffray Cuts Price Target on Anthera Pharma (ANTH) to $10 Following 4Q

March 11, 2016 8:31 AM EST

Piper Jaffray maintained an Overweight rating on Anthera Pharma (NASDAQ: ANTH), and cut the price target to $10.00 (from $14.00), following the company's 4Q. Anthera stopped enrollment of the Phase II BRIGHT-SC trial of blisibimod at 57 IgA Nephropathy patients, of which 45 remained on study. Also, Anthera... More

Anthera Pharma (ANTH) Tops Q4 EPS by 10c

March 10, 2016 8:38 AM EST

Anthera Pharma (NASDAQ: ANTH) reported Q4 EPS of ($0.18), $0.10 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $1.92 million versus the consensus estimate of $150 thousand.

Cash and cash equivalents totaled $47 million as of December 31, 2015, compared to $2.6 million as of December 31,... More