Monday, April 29, 2019 8:50:28 AM
NBRV 03/27 Nabriva Therapeutics rating change at Gabelli Nabriva Therapeutics downgraded to Sell from Buy at Gabelli. Gabelli analyst Kevin Kedra double downgraded Nabriva Therapeutics to Sell from Buy citing valuation and concerns about Contepo's likelihood of FDA approval. The shares have nearly doubled in 2019, far outpacing the performance of most antibiotic peers and the broader biotechnology sector, Kedra tells investors in a research note. Further, the analyst says his concerns about Contepo's likelihood of approval have been reinforced by the FDA's recent rejection of iclaprim due to liver safety. He sees "substantial risk" that the FDA will issue a complete response on the April 30 action date date due to safety concerns.
Read more at:
https://thefly.com/landingPageNews.php?id=2884759
Recent NBRVF News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:08:06 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM