Idenix (IDIX) Enters Collaboration with Janssen Pharma for DAA HCV Evaluatlion

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Wedbush Downgrades Idenix Pharmaceuticals Inc. (IDIX) to Neutral

January 30, 2013 7:15 AM EST

Wedbush downgraded Idenix Pharmaceuticals Inc. (NASDAQ: IDIX) from Outperform to Neutral with a price target of $6.00 (from $7.00).

The firm comments, "On Monday, Idenix announced a collaboration with JNJ for IDX719 (NS5A) to be paired with simeprevir (TMC435; PI) and TMC647055 (NNI) in... More