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HC Wainwright maintains "buy" rating for Sangamo Therapeutics, whose Fabry disease therapy ST-920 sees potential approval with updated study plans and European Medicines Agency priority medicines eligibility.
HC Wainwright reiterated its "buy" rating for Sangamo Therapeutics, with a price target of $3.00.
This suggests a potential upside of 284.47%.
Sangamo Therapeutics stock increased 37% on updates for its Fabry disease therapy, ST-920.
The FDA has advised that a study of up to 25 patients in combination with confirmatory evidence may be sufficient for approval of ST-920.
The European Medicines Agency has granted priority medicines eligibility to the product, including enhanced regulatory support and scientific guidance.
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HC Wainwright mantiene la calificación de "compra" para Sangamo Therapeutics, cuya terapia ST-920 para la enfermedad de Fabry ve una posible aprobación con planes de estudio actualizados y la elegibilidad de medicamentos prioritarios de la Agencia Europea de Medicamentos.