In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Sensorion SAS, with a price target of €4.00.
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Joseph Pantginis has given his Buy rating due to a combination of factors that highlight Sensorion SAS’s promising position in the gene therapy space for hearing loss. The recent data from Regeneron’s DB-OTO study, which showed significant auditory improvements in pediatric patients, serves as a positive indicator for Sensorion’s own SENS-501 program. The study’s results, demonstrating clinically meaningful hearing improvements in most participants, suggest a durable benefit and a favorable safety profile, which are critical in the competitive landscape of gene therapy.
Furthermore, Sensorion’s approach is differentiated by its focus on patients without a history of cochlear implants, potentially offering clearer insights into the efficacy of their treatment. The ongoing regulatory developments, including the conversion of DB-OTO into a registrational study, also provide a supportive backdrop for Sensorion’s future prospects. These factors combined give Pantginis confidence in Sensorion’s potential to stand out in the hearing loss gene therapy market, justifying the Buy rating.
Pantginis covers the Healthcare sector, focusing on stocks such as Capricor Therapeutics, Lexicon Pharmaceuticals, and Travere Therapeutics. According to TipRanks, Pantginis has an average return of 1.7% and a 46.00% success rate on recommended stocks.