Search This Blog

Wednesday, May 2, 2018

Esperion study data within expectations: Needham

Needham analyst Chad Messer kept his Strong Buy rating and $94 price target on Esperion, saying that while the top line data from the long-term safety study of bempedoic acid may have been disappointing relative to consensus, it was within his expectations. Messer notes the study’s findings of 20% LDL reduction over placebo within 12 weeks was “the lower bound” of what was observed in prior data and could be viewed as a “strong result” considering that data can “often revert to the mean”, adding that the latest study also featured a high-risk patient population.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.