30 Big Biotech Events Coming in 2018

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Assembly Biosciences Inc. (NASDAQ: ASMB) has Phase 1b 28-day data for AB-H0731 in patients with chronic HBV due in the first quarter of 2018. The stock is expected to see either upside in the range of 10% to 50% or downside of 10% to 50%. Shares of Assembly were trading at $45.25, with a 52-week range of $11.51 to $52.37.

AnaptysBio Inc. (NASDAQ: ANAB) is looking for ANB020 Phase 2 data in peanut allergy and eosinophilic asthma in the first or second quarter of 2018. The stock is expected to either see upside of 20% to 30% or downside of 15%. AnaptysBio shares closed most recently at $100.72, with a consensus price target of $91.25. The 52-week range is $15.17 to $102.63.

Esperion Therapeutics Inc. (NASDAQ: ESPR) expects to see pivotal Phase 3 safety data for bempedoic acid in the second quarter of 2018. The stock is expected to see either upside in the range of 50% to 100% or a downside between 50% and 75%. Esperion was trading at $65,84 a share, in a 52-week range of $10.71 to $68.60. The consensus price target is $71.08.

Heron Therapeutics Inc. (NASDAQ: HRTX) has Phase 3 data for HTX011 in bunionectomy and hernia due in the second quarter. The stock is expected to see upside of 75% to 100% or downside of 60%. Shares of Heron were trading at $18.10. The consensus price target is $31.00, and the 52-week range is $17.00 to $19.55.

Prothena Corp. PLC (NASDAQ: PRTA) is looking for Phase 2b data for NEOD1 in the second quarter. The stock is expected to see upside in the range of 50% to 100% or downside between 50% and 75%. Prothena shares were trading at $37.49, with a consensus price target of $75.17 and a 52-week range of $34.85 to $70.00.

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) is anticipating Phase 3 data for ALXN1210 for the treatment of paroxysmal nocturnal hemoglobinuria. The stock is expected to see upside of 5% to 20% or downside of 20%. Shares of Alexion closed trading at $119.59, with a consensus price target of $163.29 and a 52-week range of $96.18 to $149.34.

Karyopharm Therapeutics Inc. (NASDAQ: KPTI) has potentially pivotal data for its Storm study of selinexor due out in April 2018. The stock is expected to see upside of 30% or downside of 15%. Karyopharm traded at $9.60 a share, with a consensus price target of $17.73 and a 52-week range of $7.48 to $14.63.

Rigel Pharmaceuticals Inc. (NASDAQ: RIGL) has an FDA Priority Drug User Fee Act (PDUFA) review date for fostamatinib on April 14, 2018. The stock is expected to have upside of 100% or downside of 70%. Shares of Rigel closed trading at $3.88, with a consensus price target of $5.83 and a 52-week range of $1.94 to $4.47.

Dova Pharmaceuticals Inc. (NASDAQ: DOVA) also has a PDUFA date for avatrombopag this coming spring, but it is set for May 21. Upside in the range of 20% to 25% or a downside of 50% is expected for the stock. Shares of Dova were trading at $28.80, with a consensus price target of $34.00. The 52-week range is $16.98 to $32.75.

CytomX Therapeutics Inc. (NASDAQ: CTMX) has first proof-of-concept data for CX072 due in June 2018. The stock is expected to see upside of 50% to 100% or downside of 40%. CytomX shares were trading at $21.11. The consensus price target is $33.33, and the 52-week range is $10.40 to $24.67.

Bluebird Bio Inc. (NASDAQ: BLUE) has a couple events expected in 2018:

  • Data for bb2121 is expected at the American Society of Clinical Oncology (ASCO) Annual Meeting in June. The stock is expected to see upside between 20% and 25% or a downside of 10%.
  • SCD data from Group C cohort for Lentiglobin is due mid-2018. The stock is expected to see upside of 20% or downside of 30%.

Shares of Bluebird ended the week at $178.10 apiece, with a consensus price target of $196.24 and a 52-week range of $60.95 to $222.03.