Replies to post #212655 on Biotech Values

[XenaLives]

TTPH is totally controlled by algos, so this morning's action is not surprising. Given yesterdays trial results, how long do you think it will be before the FDA approves Eceracycline?

[tika1]

TTPH

I read somewhere potential revenue of Eravacycline is $700M. I was expecting better market reaction than just 10%. Hopefully slowly price will appreciate.


Stifel Nicolaus upgraded to Buy with a $15 price target. Other analyst will follow soon imo.

[DewDiligence]

TTPH selling $69M of stock on unspecified terms:

https://globenewswire.com/news-release/2017/07/26/1063075/0/en/Tetraphase-Announces-Proposed-Public-Offering-of-Common-Stock.html

*Assuming exercise of underwriter’s option.