FINWIRES · TerminalLIVE
FINWIRES

Argenx's Vyvgart Seen Gaining More Patients in Coming Months, Wedbush Says

By

Argenx's (ARGX) Vyvgart remains the fastest-growing treatment for chronic inflammatory demyelinating polyneuropathy, or CIDP, with its patient share expected to rise to 23% from 18%, Wedbush Securities said Thursday in a report.

Survey results by Wedbush support Argenx's Vyvgart revenue forecasts of $1.3 billion for Q1 and $5.8 billion for 2026, including $2 billion from CIDP and $3.8 billion from generalized myasthenia gravis, according to the report.

Wedbush said it sees additional upside from potential near-term approvals in seronegative and ocular myasthenia gravis, which could broaden the number of patients eligible for the drug.

Argenx offers an attractive opportunity given its growth outlook and current valuation, the report said.

Wedbush maintained its outperform rating on Argenx stock with a $1,000 price target.

Q1 results are due May 7.

Price: $828.68, Change: $-12.19, Percent Change: -1.45%

Related Articles

Wire

Savara Says FDA Extended Review Period for Molgramostim Inhalation Solution Application

Savara (SVRA) said late Wednesday the US Food and Drug Administration has extended the review period for molgramostim biologics license application in autoimmune pulmonary alveolar proteinosis, a rare lung disease, by three months.The new prescription drug user fee act target action date for the inhalation solution is Nov. 22, the company said.The FDA did not cite any efficacy, safety, or manufacturing concerns, the company said, adding that the FDA determined that the responses to recent information requests represented a significant amendment to the application.

$SVRA
Wire

Euroseas Extends EM Kea Charter for Three Years at Higher Daily Rate

Euroseas (ESEA) extended a charter contract for its feeder containership EM Kea by three years at a gross daily rate of $30,000.The charter is set to begin on July 14 and reflects nearly a 60% increase over the vessel's current rate, the company said Wednesday in a statement.Euroseas expects the charter to generate about $22.5 million in EBITDA over the minimum contracted period.The company's shares fell 2% in after-hours trading.

$ESEA
Wire

Voyager Wins NASA Order for Seventh Private Astronaut Mission to International Space Station

Voyager Technologies (VOYG) said late Wednesday it has signed an order with National Aeronautics and Space Administration for the seventh private astronaut mission to the International Space Station, with a launch planned no earlier than 2028.The mission, dubbed VOYG-1, supports NASA's strategy to shift low-Earth orbit operations to the private sector by enabling commercial partners to deliver human spaceflight services, the company said.

$VOYG