Roth MKM lowered the firm’s price target on TFF Pharmaceuticals to $44 from $56 but keeps a Buy rating on the shares. The analyst cites the company’s updated TFF TAC and TFF VORI Phase 2 datasets, most importantly showing that in eight lung transplant patients – up from four described earlier – TFF TAC was highly effective and substantially safer than oral tacrolimus, though the firm is also updating its model and pushing out its assumed TFF VORI royalties.
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Read More on TFFP:
- TFF Pharmaceuticals Shares Key Updates with Investors
- TFF Pharmaceuticals Announces Updated Data from the Tacrolimus Inhalation Powder (TFF TAC) and Voriconazole Inhalation Powder (TFF VORI) Clinical Programs
- TFF Pharmaceuticals Announces Oral Presentation of Interim Data from the Phase 2 Study of Tacrolimus Inhalation Powder (TFF TAC) for the Prevention of Lung Transplant Rejection at the 44th Annual International Society for Heart and Lung Transplantation (ISHLT) 2024 Meeting
- TFF Pharmaceuticals Announces Closing of $1.2 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
- TFF Pharmaceuticals trading resumes