Impax Laboratories Inc (IPXL)

[Bart Myers]

J.P. Morgan is out with its report today on Impax Laboratories (NASDAQ: IPXL), maintaining Overweight.

In a note to clients, J.P. Morgan writes, "With positive data in both advanced and naïve Parkinson's patients and 066 licensed to GSK outside of the US, Impax's investment in its branded business is beginning to show a return. We now see IPX 066 as a derisked asset that could have the potential to bring in more than $150 million in annual revenue with little further R&D outlay."


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/03/926828/j-p-morgan-maintains-overweight-on-impax-laboratories-ipx#ixzz1Gg6YisWk