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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (94144)9/29/2020 8:56:08 AM
From: Goose94Read Replies (2) of 203220
 
Immunoprecise Antibodies (IPA-V) Industrial Alliance Securities analyst Chelsea Stellick says Immunoprecise Antibodies has reached a "pivotal moment" with the start of pre-clinical trials for its vaccine trails against SARS-CoV-2.

Victoria-based company announced it has commenced trials with the Netherland's LiteVax BXC based on large sets of data obtained during the analysis of its SARS-CoV-2 therapeutic programs.

With LiteVax's adjuvant technology, they are aiming for a single-low-dose administration. Results of the collaborative, pre-clinical study are expected by November.

Ms. Stellick says in a note: "We believe this is a pivotal move for the company as it develops a more pharma-based business model approach, while leveraging the internal clinical experience of the CRO business unit.

The initiation of pre-clinical trials indicates the crystallization of the Talem business segment and the acceleration of IPA." Keeping a "buy" rating for Immunoprecise shares, Ms. Stellick increased her share target to $3, matching the current consensus, from $2.50.

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