Search This Blog

Tuesday, April 2, 2019

Soliton Initiated Clinical Trials for Cellulite Treatment

Soliton, Inc., (NASDAQ: SOLY) (“Soliton” or the “Company”), a medical device company with a novel and proprietary platform technology licensed from The University of Texas on behalf of the MD Anderson Cancer Center (“MD Anderson”), today summarized its efforts to conduct a proof of concept clinical trial for the treatment of cellulite based on Institutional Review Board (“IRB”) approval of the study.  The study was initiated after positive results in animal studies indicated the potential for a higher-energy version of its acoustic shockwave technology to affect the factors contributing to the formation of cellulite.
The study treated each thigh of five patients (n=10) with a higher-energy version of Soliton’s acoustic shockwave device with the intent to evaluate safety and efficacy in the treatment of cellulite.  The study is designed to evaluate results at both the 12-week and 26-week timepoints from initial treatment in order to assess both near-term and long-term effects.

MorphoSys upgraded to Buy from Hold at Berenberg

https://thefly.com/landingPageNews.php?id=2887442

McKesson initiated at Wolfe Research

McKesson initiated with an Outperform at Wolfe Research. Wolfe Research initiated McKesson with an Outperform and $127 price target citing compelling cash flow yields.

Cardinal Health initiated at Wolfe Research

Cardinal Health initiated with an Underperform at Wolfe Research. Wolfe Research initiated Cardinal Health with an Underperform and $45 price target citing high consensus expectations despite the upcoming CVS contract expiration.
https://thefly.com/landingPageNews.php?id=2887447

PRA Health initiated with a Peer Perform at Wolfe Research

Wolfe Research started PRA Health with a Peer Perform rating and $112 price target, stating that the firm is cautious on softening gross bookings in the second half of 2018 and the revenue ramp and margin improvement imbedded in guidance for 2019.

Syneos Health initiated with a Peer Perform at Wolfe Research

Wolfe Research started Syneos Health with a Peer Perform rating and $53 price target, stating that while the stock trades at a meaningful discount to peers the firm doesn’t have the conviction to step in given that results and stock performance to date have been highly volatile.

LabCorp initiated at Wolfe Research

LabCorp initiated with an Underperform at Wolfe Research. Wolfe Research started LabCorp with an Underperform rating and $150 price target, citing concerns about the 2021 impact of PAMA and exposure to patient collections.
https://thefly.com/landingPageNews.php?id=2887449