Stifel Starts Iveric Bio (ISEE) at Buy

StreetInsider2021-09-10

Stifel analyst Annabel Samimy initiates coverage on IVERIC bio Inc with a Buy rating and a price target of $22.00. The analyst comments "We are initiating coverage of IVERIC bio (ISEE) with a Buy ...

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Comments

JcJc
2021-09-11
JcJc
Rising ⬆️
Kelvinyoon26
2021-09-10
Kelvinyoon26
Like pls
siewbee
2021-09-10
siewbee
Like pls
- Kelvinyoon26:
  ?
Jov8
2021-09-10
Jov8
Like
- RisingV:
  Okk
- auahau:
  ues
eo1668
2021-09-10
eo1668
pls ?& comment
- siewbee:
  K
V K
2021-09-10
V K
Pls help like and comment tyvm[開心]
- eo1668:
  done

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Though not a first mover in the still untapped market for Geographic Atrophy (GA) — the last stage of macular degeneration — Iveric could very well be the leading treatment for this indication. Zimura has the only known successful pivotal study to date, with high statistical significance in rapidly progressing stage of disease — potentially emerging as the only treatment that could prevent vision loss and function. Zimura will form the foundation for ISEE’s ownership of GA and the broader dry age-related macular degeneration (AMD) landscape. Notably, ISEE has both expansion opportunities (Stargardt) and complementary mechanisms (HTrA1 inhibition), demonstrating its full commitment to GA treatment. ISEE’s gene therapy platform further entrenches the company into inherited retinal diseases. 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