Acceleron (XLRN) option implied volatility flat into Phase III Believe results

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Acceleron Pharma (XLRN) Granted FDA Orphan Drug Designation for ACE-083 in Facioscapulohumeral Muscular Dystrophy

July 12, 2018 7:10 AM EDT

Acceleron Pharma Inc. (NASDAQ: XLRN) today announced that the United States Food and Drug Administration (FDA) has granted orphan drug designation for ACE-083, the Companys locally acting Myostatin+ muscle agent, for the treatment of patients with facioscapulohumeral muscular dystrophy (FSHD).

We are pleased to receive orphan drug designation for ACE-083, which has shown the potential to address an area of high unmet medical need, said Robert K. Zeldin, M.D., Chief Medical Officer of Acceleron. We believe that ACE-083 could become an important new treatment for patients with FSHD whose muscle weakness negatively affects their... More

Acceleron Pharma (XLRN) PT Raised to $62 at UBS

July 10, 2018 8:01 AM EDT

UBS raised its price target on Acceleron Pharma (NASDAQ: XLRN) to $62.00 (from $57.00) while maintaining a Buy rating.

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Acceleron Pharma (XLRN) PT Raised to $74 at H.C. Wainwright Following Positive BELIEVE Results

July 10, 2018 7:34 AM EDT

H.C. Wainwright raised its price target on Acceleron Pharma (NASDAQ: XLRN) to $74.00 (from $69.00) while maintaining a Buy rating following the company's announcement, along with Celgene (NASDAQ: CELG), of positive results from the Phase 3 BELIEVE study of luspatercept in... More