Rastafari
Oct 2, 1:40 AM
$ABCL I love the JP Morgan upgrade and especially the physician survey they conducted!
The central thesis is that ABCL has reached a major value inflection point following the encouraging ABCL635 Phase 2 data for menopausal hot flashes. J.P. Morgan highlighted ABCL635’s potentially differentiated profile—particularly its efficacy, safety and dosing convenience—and cited a September physician survey in which roughly 60% of respondents said they could see at least 25% of their menopausal hot-flash patients using ABCL635, with the average expected penetration around 38%. The firm also emphasized AbCellera’s extensive pharmaceutical partnerships as validation of its antibody-discovery platform while helping offset development costs.
When JP and Goldman starts coverage, you know there is money to be made!
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