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Neurocrine Biosciences (NBIX)
by Jason NapodanoNovember 02, 2011 | Comments : 0 Recommended this article: (0)
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The company's dramatically improved financial position affords management the opportunity to push forward the development of internal pipeline candidates, including VMAT-2, as well as in-license new pre-phase 2 molecules within the company's core CNS focus.
We are particularly excited about the VMAT-2 program at Neurocrine. It represents significant upside and diversification from elagolix. We recommend accumulating the stock at today's price, up to our $12 target.
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