PATH...added significant position today. I feel we have a chance of FDA approval, nothing is predictable with the FDA.
Joseph Schwartz with Leerink gives $17 price target with 90% FDA approval on Zelrix. Mr. Schwartz covers biotechnology and was named #1 Stock Picker for Pharmaceuticals in the 2011 FT/StarMine Analyst Awards. In 2010, he earned the Wall Street Journal’s #1 ranking for biotech stock picking as part of its “Best on the Street” analysts survey, which topped his #2 ranking in the Journal’s 2008 “Best on the Street” rankings.
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