Accueil > Actualité
Actualite financiere : Actualite bourse

Ipsen: UBS still a buyer after FDA approval

( - UBS confirms its Buy recommendation on the stock, with a target price of E145, following the FDA's approval of Elafibranor in the US.
This target price represents 18% upside potential;

UBS says that "Elafibranor received US approval for 2L PBC. Timing as expected".

This indication was approved under a fast-track procedure on the basis of a decrease in alkaline phosphatase (ALP) levels. Improvement in survival or prevention of decompensation events in the liver have not been demonstrated.

Ipsen said that "Iqirvo demonstrated statistically significant improvements in biochemical response compared to UDCA alone. Iqirvo is therefore a much-needed treatment option and the first new medicine for PBC in nearly a decade".

Copyright (c) 2024 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.