Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Wachovia Keeps 'Outperform' on Nabi Biopharmaceuticals

Wachovia reiterates outperform on Nabi Biopharmaceuticals (NABI).

Analyst Martin Auster says Nabi plans to file a marketing authorization application in the European Union for StaphVax, its lead pipeline drug for prevention of Staph infections, by the end of 2004 -- two years ahead of schedule. He says this news is positive, as he'd assumed Nabi would initially pursue U.S. approval, followed by EU approval.

Auster plans to add EU StaphVax revenues to his Nabi model sometime soon. Given the drugmaker's planned submission of application by the end of 2004, and its request for priority review, Auster sees the potential for StaphVax to be marketed in the EU by the end of 2005. He has a $12 to $14 price target.

blog comments powered by Disqus