Acadia Pharmaceuticals Inc. (ACAD) upgraded to Mkt Outperform with price target $7 by JMP Securities
JMP Securities rated Mkt Outperform Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) on 05/05/2009, when the stock price was $2.54.
Since then, Acadia Pharmaceuticals Inc. has gained 860.24% as of 12/06/2013's recent price of $24.39. If you would have followed this JMP Securities's recommendation on ACAD, you would have gained 860.23% of your investment in 1676 days.
Acadia Pharmaceuticals Inc.
is a biopharmaceutical company focused on the discovery, development, and commercialization of small molecule drugs for the treatment of central nervous system disorders. The Company is developing a portfolio consisting of its four product candidates, including pimavanserin, which is in Phase III development for the treatment of Parkinson?s disease psychosis. In addition, the Company has a product candidate in Phase II for chronic pain and a product candidate in Phase I for glaucoma, both in collaboration with Allergan, Inc., and ACP-106 in IND-track development. The Company?s product candidates include Pimavanserin, AGN-XX/YY, AC-262271 and ACP-106. The Company maintains two wholly owned subsidiaries: ACADIA Pharmaceuticals AB based in Malmo, Sweden and ACADIA Pharmaceuticals A/S based in Denmark.
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