ARDEA BIOSCIENCES (RDEA) rated Buy with price target $28 by Jefferies
Jefferies rated Buy ARDEA BIOSCIENCES (NASDAQ: RDEA) on 04/01/2010, when the stock price was $22.56. Since
then, ARDEA BIOSCIENCES has gained 41.67% as of 06/19/2012's recent price of $31.96. If you would have followed this Jefferies's recommendation on RDEA, you would have gained 41.66% of your investment in 810 days.
Ardea Biosciences, Inc. is a biotechnology company focused on the discovery and development of small-molecule therapeutics for the treatment of human immunodeficiency virus (HIV), cancer and inflammatory diseases, including gout. The Company's portfolio of product candidates include RDEA806 and 2nd generation non-nucleoside reverse transcriptase inhibitor (NNRTI) for HIV indication; RDEA594 for gout; RDEA119 for cancer; RDEA119 for inflammation, and mitogen-activated ERK kinase (MEK) inhibitor for cancer/inflammation.
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