- Agile Therapeutics Inc’s (NASDAQ:AGRX) Twirla, the only low-dose transdermal hormonal contraceptive, should have tailwinds protected after the Supreme Court overturned Roe vs. Wade ruling that legalized abortion nationwide.
- H.C. Wainwright expects prescription acceleration soon with non-retail channel ramping and Washington forcing coverage with the Affordable Care Act provisions assuring women straightforward, no-cost access to contraceptives.
- The analyst has raised the price target to $5 from $2.50 and reiterated a Buy.
- Related: Agile Therapeutics Tightens Q2 Forecast For Contraceptive Patch ‘Twirla.’
- Management indicates that Afaxys with meaningful institutional orders were likely also stirred by Roe. Large accounts, having switched to Twirla from high-dose Xulane, are still working down the remaining Xulane inventory.
- The analyst thinks that if Twirla accelerates along with a lower cost-base, exiting this year, 2024 could potentially break even and re-rate the shares.
- Also, additional consolidation in the revenue-generating women’s health space, thus potential Agile strategic optionality.
- Price Action: AGRX shares are down 3.70% at $0.66 during the market session on the last check Tuesday.
4 Analysts Have This to Say About Methanex
Over the past 3 months, 4 analysts have published their opinion on Methanex (NASDAQ:MEOH) stock. These analysts are…
