Argenx's (ARGX) Vyvgart, which was launched in 2022, is expected to see an accelerated uptake, RBC said in a Monday research note. Vyvgart is a therapy used to treat severe autoimmune diseases.
Based on its survey, RBC said the uptake might result from higher usage, convenient at-home dosing, lack of any upcoming disruptive competition, and geographical expansion.
RBC analysts expected rest of 2025 to be "relatively light" for Argenx, and said they were "buyers into a very busy 2026-2027 that could potentially more than triple current total addressable market."
The firm initiated its coverage on Argenx with an outperform rating and a $850 price target.
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