Market Overview

VBI Vaccines Could Nearly Triple In Value On New Drug Launches, According To BMO

VBI Vaccines Could Nearly Triple In Value On New Drug Launches, According To BMO

VBI Vaccines, Inc. - Ordinary Shares (NASDAQ: VBIV) will release results on three clinical trials in the first half of 2018, presenting certain investment opportunities of an uncertain nature.

Some on the Street predict Buy-worthy data — “free call options.”

The Rating

BMO Capital analyst Do Kim initiated coverage on VBIV with an Outperform rating and $11 price target.

The Thesis

Kim considers VBI’s Phase III hepatitis B vaccine, Sci-B-Vac, “largely de-risked” and at a commercial advantage over GlaxoSmithKline plc (ADR) (NYSE: GSK)’s clinically inferior Engerix-B and Dynavax Technologies Corporation (NASDAQ: DVAX)’s Heplisav-B, whose safety profile posed early regulatory concerns. (See Kim's track record here.) 

“We estimate WW peak sales of $677 million, with a 70 percent probability of success,” Kim said in a Wednesday note. 

VBI’s early stage pipeline could lend additional, unfactored upside, according to BMO.

Kim projects “a rapid clinical path” for the VBI-1901 glioblastoma candidate to drive global peak sales of $1.5 billion, while expected efficacy improvement in the Phase I congenital cytomegalovirus vaccine, VBI-1501A, could yield $2.2 billion, the analyst said. 

Price Action

BMO's positive rating — which echoes the sentiment of the two other research firms covering the stock — catalyzed a 6.7-percent spike. At the time of publication, shares were trading at $4.28, up 2.6 percent off the open.

Related Links:
Where Does Zika Virus Vaccine Research Stand Now?
Vaccine Business The Gateway To Drug Stores Providing Profitable Primary Healthcare

Photo courtesy of the FDA.

Latest Ratings for VBIV

Jul 2020Raymond JamesMaintainsOutperform
Nov 2019Raymond JamesInitiates Coverage OnOutperform
Jan 2019OppenheimerInitiates Coverage OnOutperform

View More Analyst Ratings for VBIV
View the Latest Analyst Ratings


Related Articles (VBIV)

View Comments and Join the Discussion!

Posted-In: BMO Capital Do KimAnalyst Color Health Care Price Target Initiation Analyst Ratings General Best of Benzinga

Latest Ratings

UBERRBC CapitalMaintains50.0
WIXJMP SecuritiesMaintains363.0
CVIJP MorganInitiates Coverage On22.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at