Wells Fargo initiated coverage of Milestone Pharmaceuticals (MIST) with an Overweight rating and $4 price target The company is developing Etripamil, a nasal administered, short-acting, calcium channel blocker for the treatment of paroxysmal supraventricular tachycardia, the analyst tells investors in a research note. The firm views Etripamil as “highly differentiated” versus the standard of care and sees the potential for it to emerge as one of the key drugs for acute treatment.
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