3 Small Cap Biopharmas With Upcoming Catalyst Events
Scott Matusow | Dec 02, 2012 04:33AM ET
Alexza engages in the research, development, and commercialization of novel proprietary products for the acute treatment of central nervous system conditions worldwide. Its product candidates are based on a proprietary technology, the Staccato system, which vaporizes an excipient-free drug to form a condensation aerosol that, when inhaled, allows for rapid systemic drug delivery. The company's lead product candidate includes Adasuve (Staccato loxapine) for the acute treatment of agitation in adults with schizophrenia or bipolar disorder.
The first catalyst event for Alexza is a decision on its Marketing Authorization Application (MAA) submitted to the European Medicines Agency (EMA) for Adasuve. This decision is scheduled for the middle of December, 2012.
The second catalyst event for the company is Adasuve 's Prescription Drug User Fee Act (PDUFA) date of 12/21/12, which is the bigger catalyst driver.
In May of this year, Alexza scheduling for Belviq , which does not include any of the revenue under marketing agreement with Eisai such as product sales of the drug.
Arena is more of a speculative long term investment than just a trade, so I will not engage in any chart analysis for the stock.
My 3 to 5 year price target opinion for Arena (barring a market crash) is $25 to $45 a share.
Disclosure: I am long ALXA, FOLD. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Disclaimer: This article is intended for informational and entertainment use only, and should not be construed as professional investment advice. They are my opinions only. Trading stocks is risky -- always be sure to know and understand your risk tolerance. You can incur substantial financial losses in any trade or investment. Always do your own due diligence before buying and selling any stock, and/or consult with a licensed financial adviser.
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