BioArctic's Fourth BrainTransporter Deal Signals Growing Platform Value -- Market Talk

Dow Jones
06/22

0756 GMT - BioArctic's fourth collaboration for its BrainTransporter technology further demonstrates the platform's long-term value beyond the Leqembi drug it helped develop for Alzheimer's disease, RBC Capital Markets analyst Natalia Webster writes. The new agreement with Eli Lilly is for the use of BrainTransporter with an undisclosed Lilly drug candidate for neurodegeneration. "The continued cadence of deal-making validates the attractiveness of the platform and management's prior commentary around good opportunities for new strategic partnerships." BioArctic will receive $30 million upfront, and will be eligible to receive additional milestone payments of up to $770 million, as well as tiered mid-single-digit royalties on future global product sales. RBC rates BioArctic at outperform with a 280 Swedish kronor price target on the stock. Shares rise 4.2% to 312 kronor. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

June 22, 2026 03:56 ET (07:56 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10