Bioblast Pharma Reports Second Quarter 2016 Financial Results

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Roth Capital Affirms BioBlast Pharma (ORPN) at 'Buy'; Sees Trehalose Plan Heading in Right Direction

August 25, 2016 11:13 AM EDT

Roth Capital affirms BioBlast Pharma (Nasdaq: ORPN) with a Buy rating and $15 price target following Q2 results released earlier Thursday.

Analyst Joseph Pantginis commented, ORPN has made important strategic decisions in order to manage cash burn and focus on its lead clinical opportunity with trehalose. To this end, work has been postponed on the mitochondrial protein replacement and readthrough platforms. Regarding trehalose,... More

BioBlast Pharma (ORPN) Tops Q2 EPS by 5c

August 25, 2016 8:11 AM EDT

BioBlast Pharma (Nasdaq: ORPN) reported Q2 EPS of ($0.22), $0.05 better than the analyst estimate of ($0.27).

Cash and cash equivalents (including short-term bank deposits) totaled $15.7 million at June 30, 2016, compared with $19.3 million at December 31, 2015.

For earnings history and earnings-related data on BioBlast Pharma (ORPN) click here.

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