Dawson James Securities Reiterates Strong Buy Recommendation on Antares Pharma (Amex: AIS) with $4.00 Price Target
02 Avril 2007 - 8:09PM
PR Newswire (US)
BOCA RATON, Fla., April 2 /PRNewswire/ -- Dawson James Securities,
a full- service investment firm serving the healthcare and
biotechnology industry, reiterated their Strong Buy recommendation
on Antares Pharma (AMEX:AIS) and a 12-18 month price target of
$4.00. Stephen M. Dunn, Director of Research, issued the report.
The report describes Antares Pharma's drug and injector pipelines
where Mr. Dunn states "Antares is severely undervalued compared to
their partner Biosante (AMEX:BPA). In fact, Antares owns the
majority of Biosante's pipeline while retaining 100% of all
European rights." Other near-term events for Antares will be launch
of their injector by Teva (NASDAQ:TEVA) in the U.S. and the
initiation of a Phase III trial for Anturol in Overactive Bladder
Syndrome, a $2 billion market. A copy of the report may be obtained
by contacting Dawson James Securities at 561-391-5555. About Dawson
James Securities: Dawson James Securities is a full service
investment firm with deep expertise in healthcare and biotechnology
and having a staff of over 50 investment professionals providing
institutional research, investment banking and high net worth
services to our clients. More information is available at
http://www.dawsonjames.com/ Disclosures: Dawson James has acted as
an investment banker for Antares Pharma and the Firm and/or its
directors and employees may own securities in the companies and may
increase or decrease holdings in the future. The analyst certifies
that 1) all of the views expressed accurately reflect his personal
views about any and all of the subject securities or issuers
discussed; and 2) no part of the research analyst's compensation
was, is, or will be directly or indirectly related to the specific
recommendations or views expressed by the research analyst; 3) the
analyst responsible for preparing this research report receives
compensation based upon various factors, including total revenues
of Dawson James and its affiliates, a portion of which is generated
by investment banking activities and 4) the analyst and/or members
of their immediate family do not own stock in the companies
mentioned. Contact: Dawson James Securities Stephen M. Dunn,
561-208-2905 Fax: 561-391-5757 Dawson James Securities is a member
of the National Association of Securities Dealers, CRD number
130645. DATASOURCE: Dawson James Securities CONTACT: Stephen M.
Dunn of Dawson James Securities, +1-561-208-2905, Fax:
+1-561-391-5757 Web site: http://www.dawsonjames.com/
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