Sunday, August 23, 2009 12:48:35 PM
Two crucial FDA Decision Dates:
September 7: Zevalin
October 8: Fusilev
Spectrum Pharma: Expect a Positive FDA Decision
This Labor Day, September 7, Spectrum Pharmaceuticals (NASDAQ:SPPI) expects an FDA decision for their non-Hodgkin’s lymphoma (NHL) radio-immunotherapeutic (RIT), Zevalin.
Since institutional investors and hedge funds have been slow to catch on, SPPI still remains a hidden gem and an excellent investment opportunity.
· With a current price of $6.32 and a market cap of a mere $263 million, I anticipate shares of SPPI will likely see a dramatic rise in the coming weeks and months.
· Over the next 6 to 12 months, my price target for SPPI ranges between $23.80 and $26.67 with a market cap from $1.0 to $1.12 billion.
· If Zevalin sales continue to improve, then I anticipate that SPPI could likely be acquired within 12 to 18 months.
http://biomedreports.com/articles/most-popular/6482-spectrum-pharma-the-labor-day-catalyst-.html
http://seekingalpha.com/article/157792-spectrum-pharma-expect-a-positive-fda-decision
Recent SPPI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 11/09/2023 10:00:17 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/28/2023 04:15:27 AM
- Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments • Edgar (US Regulatory) • 09/26/2023 09:23:08 PM
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