Seeking Alpha

Prosensa (RNA +1.7%) jumps on multiple coverage initiations. Leerink, Wedbush, Citi, and...

Prosensa (RNA +1.7%) jumps on multiple coverage initiations. Leerink, Wedbush, Citi, and JPMorgan start the shares at Outperform (PT, $35), Outperform (PT, $50), Buy (PT $38), and Overweight (PT, $35) respectively. Analysts are generally positive on the DMD treatment drisapersen, under development with GlaxoSmithKline (GSK -0.5%) and see possible approval in H2 2014. The company is essentially in a race to market with Sarepta Therapeutics (SRPT -0.4%), whose eteplirsen shows promise in DMD.
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