$VTAE from yesterday,
VITAE'S DRUG POTENTIAL
$VTAE from yesterday,
VITAE'S DRUG POTENTIAL 'SIGNIFICANT,' STIFEL UPGRADES TO BUY
Thursday 03/17/2016 09:53 AM ET - S&P Capital IQ's Views and News
Stifel's Thomas Shrader upgraded the rating for Vitae Pharmaceuticals Inc (NASDAQ: VTAE) from Hold to Buy, with a price target of $15, after the company reported top line data for VTP-43742 indicating significant potential. Vitae reported that statistically significant PASI reductions were seen in two dose groups of 350mg and 700mg QD after four weeks of dosage. "The PASI reductions for both groups were statistically significant and the reductions in PASI scores at four weeks were greater than those seen for MTX and comparable to those seen for Otezla after four weeks of treatment," analyst Thomas Shrader noted. In the highest reported dose groups, liver enzyme elevations were seen in four patients that were reversible after the dosage ended. Expectations VTP-43742 appears to be a more valuable asset after the release of this data, Shrader said. The launch date of the drug is likely to be pushed by a year, as the company may need to carry out more work to determine the dose that shows efficacy while staying away from the liver enzyme elevation signal. "We are returning VTP-43742 to our models with a slightly decreased discount rate (25% from 30%) resulting in a price target of $15," Shrader wrote. He added that a 25 percent discount rate appropriately reflects the development stage and commercial risks associated with the drug. Acquire Media
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Understanding Required Minimum Distributions Ever felt like retirement planning is walking a financial tightrope? Well, when it comes to Required Minimum Distributions (RMDs), you're tiptoeing on a wire. These IRS-mandated withdrawals aren't just accounting quirks; they’re a cornerstone of retirement income strategy—a fact unmistakably highlighted by Janie Kelly in...
Continue Reading
From the Shadows to the Spotlight Ever seen someone step up to the plate and knock it out of the park? That's what the United Breast Cancer Foundation (UBCF) is doing by plastering their mission right across Times Square. Talk about grabbing the bull by the horns, eh? With not one, but two billboards now gracing one of the globe's most iconic public spaces, they've...
Continue Reading
Strike Looms as Brigham Nurses Demand Fair Treatment Massachusetts is gearing up for its largest open-ended nursing strike in history as Brigham and Women's Hospital nurses prepare to lay down their tools in pursuit of a just contract. This ain't your typical workplace squabble; it's a full-blown battle for patient safety and professional respect. The Core Grievances at...
Continue Reading
Riding the Waves of Real Estate Pricing Homeowners dipping their toes into the real estate market know that setting the right price ain't a walk in the park. Luckily, Matt Nuzie, Shelton's real estate pro, has peeled back the layers on comparative market analyses (CMA) in a HelloNation piece. This isn't just about tossing a number out there—it's about understanding the...
Continue Reading
Why Flashing Is the Backbone of a Leak-Free Roof Ever wonder why some roofs just seem to withstand the wrath of Mother Nature better? The answer, my friends, often boils down to a little unsung hero: roof flashing. Our roof parts aren't exactly playing an even game; you've got chimneys, walls, skylights, just asking for trouble. That's where flashing steps in like an...
Continue Reading
Pushing Beyond the Backyard: Home Genius Opens New Doors Hold onto your hats, folks. Home Genius Exteriors is making a splashy move by setting up shop in five new points across the map. We're talking Toledo, Ohio; Nashville, Tennessee; Lehigh Valley and Erie in Pennsylvania; and Dover, Delaware. That's quite a leap from their cozy base of operations, marking a clear push...
Continue Reading
Steps Beyond the Obvious Adventure Launching headlong into the unknown—literally and figuratively—is what the documentary Jump Into The Unknown captures. TESSAN and Jamie Leibert have peeled back the curtain on adventure, showing us that it’s not just about the destination, but every twist, turn, and recalibrated step in between. The Backstory Behind Every Jump...
Continue Reading
Breaking Ground with Bespoke Engineering Fancy seeing a car more unique than a snowflake, eh? Well, Karma Automotive is upending the luxury vehicle market with the launch of the Eximius program. Catering to the whims of the elite who aren’t just satisfied with a plethora of options, this is a game for those who crave a motorized extension of their ego and address book....
Continue Reading
Unlocking the Mysteries of Knob-and-Tube Wiring Ever wondered if the wiring in your charming hundred-year-old home might be a ticking time bomb? Welcome to the world of knob-and-tube wiring. This blast from the past might just be hiding in those walls and could spell trouble. The History and Hazards of Knob-and-Tube This wiring system dates back to the 1880s, sticking...
Continue Reading
A New Era for Bass Fishing Payouts Who would have thought we'd see the day when bass fishing turned out to be as lucrative as a Wall Street handshake? But here we are, with Matt Robertson hauling in a whopping $1.25 million prize at World Bass Enterprises' first "The Champions" Tournament. We're not talking chump change here—this is the real deal in a sport often...
Continue Reading
Top 5 Most Recently Viewed Articles
Galway Metals Announces Final Payment Completion Galway Metals Inc. (TSXV: GWM), a key player in the mining sector, is thrilled to announce the completion of its sixth and final payment related to the buy-back of a royalty on its Clarence Stream property. This transaction underscores Galway's commitment to enhancing shareholder value and advancing its operational...
Continue Reading
Neuberger Berman Energy Infrastructure and Income Fund's Distribution Announcement Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) has made a significant announcement regarding its distribution declaration. Investors can expect a distribution of $0.0584 per share of common stock. Details of the Distribution This distribution is scheduled...
Continue Reading
Phreesia's Troubling Legal Tangle Imagine waking up to find a company you have stakes in caught up in a legal web. That's the picture for Phreesia, Inc. right now. The company is facing down the barrel of a class action lawsuit filed over some rather heavy allegations regarding securities law violations. The DJS Law Group is leading this charge, giving shareholders the...
Continue Reading
MedSetGo Secures Major Funding for Transformative Healthcare Solutions MedSetGo, a pioneering healthcare technology company focused on revolutionizing patient care transitions, has successfully completed a notable $2.4 million oversubscribed seed round. This amount exceeded their initial fundraising target by 20%. The round was led by TurboStart, with significant backing...
Continue Reading
Cymat Technologies Completes $1.3 Million Private Placement Cymat Technologies Ltd. (TSXV: CYM) has successfully concluded a non-brokered private placement, raising gross proceeds of $1.283 million. This funding marks a significant step for the company in its mission to expand its operations and facilitate strategic growth. The private placement includes equity units that...
Continue Reading