Acquisition And Financial StabilityThe acquisition of Longboard Pharmaceuticals by Lundbeck for $60 per share is the biggest acquisition in Lundbeck's history, funded with existing cash resources and bank financing, showing financial stability in executing the deal.
Drug Development And Market PotentialBexicaserin is positioned for success in epilepsy with blockbuster potential, supported by an expanded Phase 3 program and a Breakthrough Therapy Designation granted by the FDA.
Market Confidence And Stock PerformanceAnalyst reiterates a Buy rating on LBPH shares, with an increased price target to $80 from $60, reflecting confidence in the program's potential.