Paratek Pharmaceuticals Reports Second Quarter 2018 Financial Results

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BTIG Maintains Bullish View on Paratek Pharmaceuticals (PRTK) Following Ad Com Briefing Docs

August 6, 2018 2:05 PM EDT

BTIG analyst Robert Hazlett reiterated a Buy rating and $56 price target on Paratek Pharmaceuticals (NASDAQ: PRTK) following FDA briefing documents for Omadacycline.

Hazlett commented, "In our view, there appears little concern regarding ABSSSI (skin) indication for Wednesdays upcoming FDA Ad Com for Omadacycline; we view a recommendation for Omadacyclines approval in ABSSSI as highly likely. The... More