In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Sensorion SAS (RFM – Research Report), with a price target of €3.00.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Joseph Pantginis has given his Buy rating due to a combination of factors surrounding Sensorion SAS’s promising developments in their clinical trials. The completion of patient enrollment in the Phase 2a NOTOXIS study for SENS-401, aimed at treating Cisplatin-Induced Ototoxicity (CIO), is a significant milestone. This study is crucial as it evaluates the efficacy and safety of SENS-401, showing a favorable safety profile and potential otoprotective effects, which could position the drug as a valuable asset in Sensorion’s portfolio.
Moreover, the preliminary data from the study indicates that SENS-401 may offer improved otoprotection at higher doses of cisplatin treatment compared to control patients. The anticipation of topline results by the end of 2025 further supports the potential commercial success of SENS-401. These developments, coupled with the broader commercial potential of SENS-401 across various indications, underscore the strong value proposition that Sensorion presents, justifying the Buy rating.
Pantginis covers the Healthcare sector, focusing on stocks such as Cytokinetics, Viking Therapeutics, and VYNE Therapeutics. According to TipRanks, Pantginis has an average return of -11.9% and a 24.90% success rate on recommended stocks.
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue