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Stock impact report

Annexon Biosciences (ANNX) Buy Rating Retained [Yahoo! Finance]

Annexon, Inc. - common stock (ANNX) 
Company Research Source: Yahoo! Finance
On April 16, Needham analyst Joseph Stringer assigned a Buy rating on Annexon Biosciences and set a price target of $11.00. In March, Annexon president and chief executive officer Douglas Love highlighted progress in the company's portfolio and announced key anticipated milestones. He said: “Grounded in robust vonaprument Phase 2 ARCHER data and strong execution of the ongoing Phase 3 ARCHER II trial, we are on track to report topline pivotal data in the fourth quarter of this year. ARCHER II is the first study to evaluate visual preservation as the primary endpoint in patients with GA (Geographic Atrophy) and the first pivotal study with an aligned global regulatory path.” Love said that the company has also filed for Marketing Authorization Application (MAA) in the EU for tanruprubart and is preparing for potential approval of the first targeted therapy for Guillain-Barré Syndrome (GBS). He added: “We're also focused on the ongoing US/EU FORWARD study which is designed to br Show less Read more
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