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Biotech / Medical : NKTR Drug delivery Company
NKTR 58.19+0.3%11:52 AM EST

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To: david nordic who wrote (314)6/9/2010 9:38:07 AM
From: Arthur Radley   of 507
 
Positive data out today on breast cancer, and Cantor was paying attention to ASCO data for ovarian cancer...

Cantor Fitzgerald Initiates Coverage on Nektar Therapeutics (NKTR) with a Buy; Proven Technology Fuels New Growth
7:42 am ET 06/09/2010 - StreetInsider
Cantor Fitzgerald initiates coverage on Nektar Therapeutics (Nasdaq: NKTR) with a Buy rating. PT $21. Cantor analyst says, "We consider NKTR substantially under valued and consider the anticipated NKTR-102 pharma partnership a significant catalyst for the stock. Single-agent NKTR-102 demonstrated significant anti-tumor activity based on Gynecologic Cancer InterGroup (GCIG) criteria with a tolerable safety profile. We expect additional positive Phase II data in metastatic ovarian and breast cancers, enhancing partnership potential and deal term attractiveness." To see all the upgrades/downgrades on shares of NKTR, visit our Analyst Ratings page. Nektar Therapeutics (Nektar) is a clinical-stage biopharmaceutical company developing a pipeline of drug candidates that utilize its PEGylation and polymer conjugate technology platforms, which are designed to improve the benefits of drugs for patients.
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