Joseph Pantginis, an analyst from H.C. Wainwright, reiterated the Buy rating on Armata Pharmaceuticals. The associated price target remains the same with $9.00.
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Joseph Pantginis has given his Buy rating due to a combination of factors including Armata Pharmaceuticals’ operational readiness and strategic focus on advancing their clinical trials. The commissioning of their state-of-the-art cGMP phage manufacturing facility in Los Angeles marks a significant milestone, ensuring the capability to produce high-quality bacteriophage therapeutics. This development supports the upcoming pivotal Phase 3 trial of AP-SA02 planned for 2026, which is crucial for the company’s future growth.
Furthermore, the recent data from the diSArm study presented at IDWeek 2025 has reinforced the therapeutic potential of AP-SA02, encouraging its progression into a Phase 3 trial. The company is actively engaged with the FDA to finalize the trial design, which aims to demonstrate a significant improvement in clinical outcomes. Despite the financial challenges reflected in the latest EPS results, the company’s strategic focus on securing funding through equity raises and non-dilutive grants positions it well to support the trial and achieve its long-term objectives.