UPDATE: Piper Jaffray Upgrades Intra-Cellular Therapies (ITCI) to Overweight; Trial Shows Luma' Differentiated
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Intra-Cellular Therapies (ITCI) PT Raised to $22 at SunTrust Robinson Humphrey
September 7, 2017 12:52 PM EDTSunTrust Robinson Humphrey raised its price target on Intra-Cellular Therapies (NASDAQ: ITCI) to $22.00 (from $16.00) while maintaining a Hold rating.
Analyst Edward Nash said efficacy findings are "encouraging" and could provide additional support for FDA approval.
... MoreIntra-Cellular Therapies (ITCI) Reports Positive Topline Data From 6-Week Open-label Safety Switching Study with Lumateperone
September 7, 2017 7:13 AM EDTIntra-Cellular Therapies, Inc. (NASDAQ: ITCI) today announced positive topline data from the first part of an open-label safety switching study in which 302 patients with stable symptoms of schizophrenia were switched from standard-of-care antipsychotic medications to lumateperone (ITI-007 60 mg) with no dose titration of lumateperone required for a 6-week treatment duration, then switched back to standard-of-care. Many currently available antipsychotic agents are associated with motor side effects and/or weight gain, cardiovascular liabilities, dyslipidemia, and hyperglycemia. In this study, lumateperone was generally well tolerated with a favorable safety profile. Statistically significant improvements from standard-of-care baseline were... More