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Forum - Wall Street Pit (pSivida Limited - PSDV)    Stock Due Diligence for All

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From: singhtelecom (Rep: 956)Date: 12/04/2017 21:40
Forum: Wall Street Pit - Msg #2704776 - List PSDV msgs Thread #673970914 (Rec: 0)
resumed with a Buy at B. Riley FBR, Inc.; tgt $5 -- Keep Your Eye on the Tiger if You Want to Catch Its Tail (1.30 +0.02)
B. Riley FBR, Inc. resumes coverage of PSDV with a Buy and sets target price at $5. The company is a leader in sustained-release technologies, primarily focused on treating debilitating chronic eye diseases. Firm believes PSDV is progressing toward several key milestones, particularly regarding Durasert for noninfectious posterior segment uveitis. They expect PSDV to file an NDA for Durasert three-year uveitis (D3YU) in December/January, which should act as a positive catalyst for the shares and, if successful, result in a commercial rollout. Also, they believe the previous approvals that PSDV has obtained strengthen the likelihood of FDA approval: Numerous similarities exist between previous technologies and Durasert three-year uveitis. Meanwhile, a recently renegotiated out-license agreement with Alimera Sciences (ALIM) for Iluvien, as well as other products and collaborations in the company's pipeline, are likely being overlooked by investors, which, they believe, provides the shares with meaningful potential upside



"Let us sing the praises of Nanak, King of kings of both worlds . The whole world is His temple, congregations sing sweet songs in His praise Millions of goddesses kindle holy lights in His honor All the gods sing psalms of His praises All wash His lotus feet The Sun and moon illuminate Him with their radiance He is garlanded with mountains of flowers The True Master, the fountain of Light is merciful to the poor The king of the winds fans Him while saints and sages meditate on His holiness The whole universe vibrates with His celestial song The bells ring out - Onkar Continuously illuminating the heavens He is one with God whose name is Truth In Nanak saints find their support Siri Chand, Nanak's son, declares Nanak is unattainable, unfathomable, unshakeable and pure Whoever sings Emperor Nanak's praises resides in heaven and achieves complete salvation Oh kind master: give protection to those who seek your shelter. Oh Nanak: You are the savior we are just your children

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