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Monday, August 6, 2018

Paratek risk/reward favorable into Wednesday’s panel, says H.C. Wainwright


H.C. Wainwright analyst Ed Arce believes the risk/reward for Paratek Pharmaceuticals is “positively-skewed” into Wednesday’s FDA panel meeting for omadacycline. The analyst expects a “relatively smooth” panel and would be buyers of the stock heading into the early October FDA action date. Arce keeps a Buy rating on Paratek with a $55 price target.

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