Aug. 14 at 3:12 PM
TD Cowen reiterated
$URGN Buy-
$35 and said "The Early Launch Is Ramping Nicely & 2026 Should Inflect"
$JNJ $MRK
TD Cowen added, "The early Zusduri launch in LG/IR NMIBC is progressing ahead of expectations as clinical conviction is not a barrier, a few hundred sites have already been activated, and reimbursement for 84% of covered lives is established with the hub verifying benefits. UroGen is comfortable with 2025 cons of
$30MM, and 2026 should have fewer barriers with a permanent J code leading to more robust inflection."