InvestorsHub Logo
Followers 2
Posts 514
Boards Moderated 0
Alias Born 06/15/2007

Re: None

Thursday, 03/19/2015 4:33:06 PM

Thursday, March 19, 2015 4:33:06 PM

Post# of 104
BMO Capital analyst Jim Birchenough reiterated an Outperform rating and $69 price target on Tesaro (NASDAQ: TSRO) after abstracts were released for the American Association of Cancer Research meeting, which is being convened in Philadelphia, April 18-22. TSRO and partner AnaptysBio will present data for both mouse and human IO antibodies targeting PD-1, TIM-3 and LAG-3.

Birchenough's view:

These data continue to support TSRO’s investment in the AnaptysBio portfolio of PD-1, LAG-3 and TIM-3 antibodies.
TSRO expects to file an IND for TSR-042, an anti-PD-1 MAb by year-end 2015, with INDs for a LAG-3, TIM-3, and bispecific PD-1/LAG-3 and PD-1/TIM-3 following every 1-2 quarters.
TSRO’s other oncology assets such as PARP inhibitor niraparib or ALK/TRK inhibitor TSR-011 could be evaluated with one or more of the IO antibodies.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.