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RBC Capital initiated coverage on BCYC, highlighting oncology benefits. Zelenectide shows potential against metastatic urothelial cancer, rivaling Padcev. Improved safety of Zelenectide could enhance antitumor durability significantly. Analyst projects Zelenectide may reach ~$2 billion in peak sales by 2033. RBC rates BCYC as Outperform with a price target of $35.
- RBC Capital initiated coverage on BCYC, highlighting oncology benefits.
- Zelenectide shows potential against metastatic urothelial cancer, rivaling Padcev.
- Improved safety of Zelenectide could enhance antitumor durability significantly.
- Analyst projects Zelenectide may reach ~$2 billion in peak sales by 2033.
- RBC rates BCYC as Outperform with a price target of $35.
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