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RBC Capital Starts Biohaven Pharmaceutical Holding (BHVN) at Outperform

RBC Capital Starts Biohaven Pharmaceutical Holding (BHVN) at Outperform
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RBC Capital Starts Biohaven Pharmaceutical Holding (BHVN) at Outperform, Sees Nearer-term Catalysts

RBC Capital Starts Biohaven Pharmaceutical Holding (BHVN) at Outperform, Sees Nearer-term Catalysts
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Factbox-How Pfizer is fortifying for growth beyond COVID products

The company on Wednesday forecast revenue from its COVID-19 vaccine and treatment to be $8 billion in 2024, a far cry from the $57 billion in 2022. In March, Pfizer announced a $43 billion acquisition of drugmaker Seagen to bring into its fold four approved cancer therapies. Last year, the company struck an $11.6 billion deal for migraine drug maker Biohaven Pharmaceutical Holding and bought Global Blood Therapeutics for $5.4 billion, adding sickle cell disease treatment Oxbryta to its pipeline.

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