Omeros, Anavex Results Positive, Protagonist Suffers Setback: The Good, Bad, And Ugly Of Biopharma [Seeking Alpha]
Anavex Life Sciences Corp. (AVXL)
NASDAQ:AMEX Investor Relations:
anavex.com/share-data
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Source: Seeking Alpha
Omeros, Anavex Results Positive, Protagonist Suffers Setback: The Good, Bad, And Ugly Of Biopharma Summary OMS721 showed positive data in pivotal study; however, now, we also have a secondary offering. Anavex came up with positive phase 2a extension data. Investors seem disappointed with Protagonist data. Omeros (NASDAQ: OMER assessments Primary efficacy endpoint Secondary endpoints There were other improvements in various metrics like platelet count, LDH, haptoglobin, improvements in hemoglobin and creatinine across all groups as well as across complete responders. Safety signals were good. There were no treatment-related deaths; in the phase 2 trial, there was one death out of 9 total deaths which could not be ruled out as not being treatment-related. Earlier this year, we wrote a bullish article on OMER; this followed a set of articles we wrote in the years before that. Omeros has an approved drug called OMIDRIA which is generating a stream of revenue; however, OMS721 has always
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- Anavex Life Sciences Corp. (NASDAQ: AVXL) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $40.00 price target on the stock.MarketBeat