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Theravance Inc. Message Board

  • equityvaluation equityvaluation Feb 25, 2013 5:49 PM Flag

    ML expects favorable Breo panel, $34 PO

    THRX reiterated no new topics have been
    brought up during recent interactions that marketing partner GSK has had with
    FDA. THRX views the recent positive vote for BI’s once per day LABA olodaterol
    as a positive indicator (this same committee will review Breo), as the panelists
    focused on clinical utility of phase 3 data rather than just on the statistically
    significant lowest effective doses. Breo’s PDUFA is May12,We model $2bn in
    US Breo sales by 2015 and maintain our Buy rating and $34 PO on THRX shares

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