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Optimer Pharmaceuticals, Inc. (OPTR) Message Board

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  • pashidev pashidev Mar 31, 2011 10:39 AM Flag

    Top reasons why OPTR will get FDA approval...

    Any idea on date and process to access?


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    • I guess release is on Friday as per the following Analyst. How to access it?

      Canaccord Genuity Assumes Coverage on Optimer Pharmaceuticals (OPTR) at Buy; FDA Panel Expected to Weigh Favorably on Fidaxo NDA11:08 am ET 03/31/2011 - StreetInsiderCanaccord Genuity assumes coverage on Optimer Pharmaceuticals (NASDAQ: OPTR) with a Buy. PT $16.
      Canaccord analyst says, "Going into an upcoming FDA advisory committee meeting on Tuesday, we maintain our rating on OPTR given our view of high likelihood of support for the company s lead drug, fidaxomicin, for treatment of C. diff. infection. Briefing documents expected for release on Friday could support this claim, thus setting the stage for marketing approval by the May 30 PDUFA date." (Coverage has been transitioned to George Farmer)
      "Initially to be positioned in a high-risk treatment market and in vancomycinfailures, we model for a slow ramp to peak fidaxomicin sales of $250M by2016. More rapid adoption will depend largely on physician experience andaccelerated acceptance by hospital formularies."

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