GuslovesBio
Oct 12, 5:44 AM
$ABCL UBS initiated coverage of AbCellera (ABCL) with a Buy rating and
$18 price target The firm believes ABCL635 is a “potentially transformative therapy” in menopausal hot flashes, with a
$13B commercial opportunity in menopause by 2035. UBS models
$3.3B menopause risk-adjusted 2035 sales versus the consensus at
$1.5B. ABCL635 can capture greater share of a larger market than investors currently anticipate, the analyst tells investors in a research note.
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