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Inspire Pharmaceuticals, Inc. (ISPH) is a specialty pharmaceutical company focused on the development and commercialization of treatments for respiratory and ophthalmologic disorders. Currently, the company has three products on the market and a robust pipeline.
We see strong top line growth from 2008 and beyond. Inspire just reported positive phase III data of Denufosol for CF [cystic fibrosis]. The company has a strong collaborative alliance with Allergan Pharmaceuticals (AGN) for key products that treat dry eyes and allergic conjunctivitis.
The current price is attractive. We maintain our Buy rating on shares of Inspire with a price target of $7.00.
Read the full analyst report on ISPH
Read the full analyst report on AGN
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