Quantumup
Nov 10, 5:38 PM
Raymond James reiterated
$SRRK Strong Buy-
$72 after Scholar Rock reported its 3Q26 financial results and provided a corporate update.
[BIIB RHHBY NVS]
Raymond James said in its note: Following its September 11, 2026, FDA approval, early demand for ISEMBYLD is off to a strong start, with the company reporting their first product revenues in the quarter.
We continue to anticipate a robust U.S. commercial launch for ISEMBYLD, with revenues steadily ramping in 2027 as patient enrollments in the Scholar Rock Supports program swell and latency trends for time-to-infusion gradually shorten (with a product-specific J-code projected April 1, 2027, expected to significantly reduce this lag).
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