$工艺酿酒联盟(HOOK)$ Hookipa Pharma initiated with an Overweight at Morgan Stanley

Morgan Stanley analyst Vikram Purohit initiated coverage of Hookipa Pharma with an Overweight rating and $19 price target. Hookipa is developing candidates for cancer and infectious disease using its arenavirus platform and its initial clinical data for HB-201 in HPV16+ cancer provides early proof-of-concept, Purohit tells investors. The analyst estimates peak product sales of HB-201 in HPV16+ head and neck cancer of about $400M in 2030, assuming a launch in 2024 and assigning the program 75% odds of success.