Analyst Bullish as Aegerion (AEGR) Drug Approved with Broad Label

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Jefferies Boosts Target on Aegerion (AEGR) to $29 Ahead of Juxtapid Commercialization

December 27, 2012 7:21 AM EST

Jefferies raised its price target on Buy-rated Aegerion Pharmaceuticals (NASDAQ: AEGR) from $24 to $29 after FDA approval for Juxtapid with details on the company's commercial plan expected on Jan 7-10.

The firm notes the labeled indication is in-line with expectation. The key... More

Aegerion Pharmaceuticals (AEGR) Halted on FDA Approval News

December 24, 2012 7:02 AM EST

Aegerion Pharmaceuticals (Nasdaq: AEGR) has been halted on FDA approval news. More... More

Aegerion (AEGR) Receives FDA Approval for JUXTAPID Caps

December 24, 2012 7:01 AM EST

Aegerion Pharmaceuticals, Inc. (Nasdaq: AEGR) announced that the U.S. Food & Drug Administration (FDA) has approved JUXTAPID (lomitapide) capsules as an adjunct to a low-fat diet and other lipid-lowering treatments, including LDL apheresis where available, to reduce low-density lipoprotein cholesterol (LDL-C), total cholesterol (TC), apolipoprotein B (apo B) and non- high-density-lipoprotein cholesterol (non-HDL) in patients with homozygous familial hypercholesterolemia (HoFH).

"We are excited that JUXTAPID will become a new treatment option for patients with HoFH," said Marc Beer, Chief Executive Officer at Aegerion. "The approval of our first product also marks an important... More