Synergy Pharma Receives a Buy from Canaccord GenuityBy Austin Angelo
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Synergy Pharma has an analyst consensus of Strong Buy, with a price target consensus of $11.
Based on Synergy Pharma’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $0 and GAAP net loss of $38.56 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $26 million.
Synergy Pharmaceuticals, Inc. is a biopharmaceutical company, which focuses on the development and commercialization of novel gastrointestinal (GI) therapies. Its product includes plecanatide and dolcanatide. The company was founded by Kunwar Shailubhai on November 15, 2005 and is headquartered in New York, NY.