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Knight Therapeutics (OTC:KHTRF) Stock, Option Chain

Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company's principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and distributing pharmaceutical products, consumer health products, and medical devices in Canada, Latin America and select international markets . The company finances other life sciences companies across the globe in order to generate interest income, strengthen relationships in the life sciences industry, and to secure product distribution rights. Geographically the company generates revenue from Brazil, Colombia, Argentina, Rest of LATAM, Canada, and Other, with the majority revenue generated from the Brazil region.

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Knight Therapeutics Inc. (TSX: GUD) (OTC: KHTRF) 

Knight Therapeutics Secures Rights To Rigel&#39;s Fostamatinib In Latin America

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Puma Biotech&#39;s Nerlynx Wins Canadian Approval In HER2-Positive Metastatic Breast Cancer

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KNIGHT THERAPEUTICS INC by Knight Therapeutics Inc

Knight Therapeutics Inc

Raymond James analyst David Novak maintains Knight Therapeutics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/KHTRF#OTC">KHTRF</a>) with a Outperform and raises the price target from $7 to $7.5.

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Raymond James Maintains Outperform on Knight Therapeutics, Raises Price Target to $7.5

Knight Therapeutics Inc.&nbsp;(TSX: GUD) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/khtrf#OTC">KHTRF</a>)&nbsp;<a class="editor-rtfLink" href="https://gudknight.irpass.com/Knight-Therapeutics-Enters-into-Exclusive-License-and-Supply-Agreements-with-Rigel-Pharmaceuticals-to-Commercialize-Fostamatinib-in-Latin-America-5-24-2022" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">entered into exclusive license and supply agreements&nbsp;</a>with&nbsp;Rigel Pharmaceuticals&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rigl#NASDAQ">RIGL</a>), securing the rights to commercialize fostamatinib, an oral spleen tyrosine kinase (SYK) inhibitor, in Latin America.
Fostamatinib is commercially available in the U.S. under the brand name TAVALISSE (fostamatinib disodium hexahydrate) and in Europe under the brand name TAVLESSE for the treatment of chronic immune thrombocytopenia (ITP).
Fostamatinib is also currently being studied in a Phase 3 clinical trial for the treatment of warm autoimmune hemolytic anemia (wAIHA) and in two Phase 3 clinical trials for the treatment of hospitalized patients with COVID-19.
Rigel will receive an upfront cash payment. Knight gains exclusive rights to fostamatinib in all prospective indications in Latin America, including chronic ITP, wAIHA, and COVID-19.
&quot;This partnership represents the continued execution of our strategy of leveraging our solid platform and expertise to bring innovative medicines to our markets,&quot; stated Samira Sakhia, President and CEO of Knight.&nbsp;
Price Action:&nbsp;GUD shares closed higher by 0.19% at C$5.32&nbsp;on TSX on Tuesday.
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Knight Therapeutics Secures Rights To Rigel's Fostamatinib In Latin America

<ul>
<li><a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/07/g21853493/knight-therapeutics-announces-health-canada-approval-for-nerlynx-neratinib-to-treat-her2-positive-" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Health Canada has approved</a>&nbsp;Puma Biotechnology Inc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbyi#NASDAQ">PBYI</a>) Nerlynx (neratinib) in combination with capecitabine for metastatic HER2-overexpressed/amplified breast cancer, who have received two or more prior anti-HER2-based regimens in the metastatic setting.</li>
<li>Knight Therapeutics Inc&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/khtrf#OTC">KHTRF</a>) has the exclusive right to commercialize Nerlynx in Canada.</li>
<li>Nerlynx is an irreversible tyrosine kinase inhibitor that blocks signal transduction through the human epidermal growth factor receptors, HER1, HER2, and HER4.&nbsp;</li>
<li>Price Action:&nbsp;PBYI shares are down 2.49% at $8.60 during the market session on the last check Tuesday.</li>
</ul>

Puma Biotech's Nerlynx Wins Canadian Approval In HER2-Positive Metastatic Breast Cancer

Pre-open movers
US stock futures traded higher in early pre-market trade. The PMI manufacturing index for December will be released at 8:58 a.m. ET, while the ISM manufacturing composite index for December and construction spending data for November will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 65 points to 17,817.00, while the Standard &amp; Poor's 500 index futures rose 6.70 points to 2,059.10. Futures for the Nasdaq 100 index climbed 14.50 points to 4,247.25.
A Peek Into Global Markets
European markets were mostly lower today, with the Spanish Ibex Index gaining 0.78%, STOXX Europe 600 Index falling 0.25% and German DAX 30 index dropping 0.79%. French CAC 40 Index declined 0.37% and London's FTSE 100 Index fell 0.14%. Eurozone's manufacturing PMI climbed to 50.6 in December, versus 50.1 in November.
In Asian markets, Hong Kong's Hang Seng Index gained 1.07% and India's Sensex jumped 1.38%.
Broker Recommendation 
Analysts at Canaccord Genuity upgraded Bed Bath &amp; Beyond Inc. (NASDAQ: <a class="ticker" href="/stock/bbby#NASDAQ">BBBY</a>) from Hold to Buy. The price target for Bed Bath &amp; Beyond has been raised from $66 to $91. 
Bed Bath &amp; Beyond's shares closed at $76.17 on Wednesday.
Breaking news 
<ul>
<li> Cesca Therapeutics Inc. (NASDAQ: <a class="ticker" href="/stock/kool#NASDAQ">KOOL</a>) today announced that it has received a letter from the U.S. Food and Drug Administration responding to the Company's investigational device exemption ("IDE") application for its pivotal CLIRST III clinical trial. To read the full news, <a href="http://www.benzinga.com/news/15/01/5114953/update-cesca-receives-feedback-from-the-fda-on-its-pivotal-investigational-device">click here. </a></li>
<li> Knight Therapeutics Inc. (OTC: <a class="ticker" href="/stock/khtrf#OTC">KHTRF</a>) today announced that it has entered into a strategic partnership with NeurAxon Inc. for the commercialization of NeurAxon's innovative products in various stages of development in Canada, Israel, South Africa and Russia. To read the full news, <a href="http://www.benzinga.com/pressreleases/15/01/m5114518/knight-therapeutics-inc-and-neuraxon-inc-form-partnership-for-the-comme">click here.</a></li>
<li> Eli Lilly and Company (NYSE: <a class="ticker" href="/stock/lly#NYSE">LLY</a>) today announced that it has completed the acquisition of Novartis Animal Health, which will further position Lilly's Elanco as a global leader in the animal health industry. To read the full news, <a href="http://www.benzinga.com/pressreleases/15/01/n5114377/lilly-finalizes-novartis-animal-health-acquisition">click here.</a></li>
<li> Hilltop Holdings Inc. (NYSE: <a class="ticker" href="/stock/hth#NYSE">HTH</a>), the parent company of PlainsCapital Corporation, today announced that it has completed its acquisition of Dallas-based SWS Group, Inc. To read the full news, <a href="http://www.benzinga.com/pressreleases/15/01/b5114517/hilltop-holdings-inc-completes-acquisition-of-sws-group-inc">click here.</a></li>
</ul>

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US Stock Futures Surge Ahead Of Manufacturing Data

Knight Therapeutics Inc. (OTC: <a class="ticker" href="/stock/khtrf#OTC">KHTRF</a>) today announced that it has entered into a strategic partnership with NeurAxon Inc. for the commercialization of NeurAxon's innovative products in various stages of development in Canada, Israel, South Africa and Russia. Under this partnership, Knight will pay approximately $1.75 million cash and provide additional&hellip;Knight Therapeutics Inc. (OTC: <a class="ticker" href="/stock/khtrf#OTC">KHTRF</a>) today announced that it has entered into a strategic partnership with NeurAxon Inc. for the commercialization of NeurAxon's innovative products in various stages of development in Canada, Israel, South Africa and Russia. Under this partnership, Knight will pay approximately $1.75 million cash and provide additional funding to further develop the Pharmaceuticals. A new company will be formed called NeurAxon Pharma Inc. ("NeurAxon Pharma") which will own the Pharmaceuticals for all markets except the Territory and will continue the development of the clinical portfolio. "We are pleased to partner with NeurAxon for the development and commercialization of their portfolio of pre-clinical and clinical products. NeurAxon has shown that their nitric oxide synthase inhibitors ("NOS") are safe and show clinical markers for efficacy in migraine. We believe that NeurAxon's NOS assets will find a profitable niche and we look forward to participating in the growth of NeurAxon Pharma for the benefit of patients and shareholders," stated Jonathan Ross Goodman, President and CEO of Knight.Dr. John S. Andrews, President of NeurAxon said "We are delighted to be able to secure
 <a href="http://www.benzinga.com/pressreleases/15/01/m5114518/knight-therapeutics-inc-and-neuraxon-inc-form-partnership-for-the-comme">See full press release</a>

Press Releases

Knight Therapeutics, NeurAxon Form NeurAxon Pharma to Commercialize NeurAxon's Innovative Products

Knight Therapeutics

Raymond James

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