Quantumup
Nov 13, 11:53 AM
Wells Fargo🏁
$DNLI and said--We think we are approaching an inflection point w/ TfR technology given the approval of Avlayah, constructive FDA feedback on Zafi, & validating data from Roche's tronti in AD. Commercial assets provide a floor, see upside w/ AD. Initiate OW, PT
$35.
[PRTA IONS BCYC
$RHBBY [TAK RGNX RARE SGMOQ [ESAIY - BIIB LLY ]]]
DNLI has validated TfR technology with broad applicability.
DNLI has pioneered transferrin receptor (TfR) technology with one FDA approved product, Avlayah (Hunter Syndrome).
We now think DNLI is in a position to capitalize on their platform and accelerate drug development.
We think expected cash flows from Avlayah, and soon zafi (Sanfilippo), provide a floor value to the stock, and expect advancement of assets in development in bigger markets (Alzheimer's disease) to re-rate shares higher.
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