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Investing.com - UBS BB initiated coverage on Blau Farmaceutica (BLAU3:BZ) with a Neutral rating and set a price target of R$16.50 per share.
The Brazilian pharmaceutical company is strategically positioned to capitalize on upcoming patent expirations in Brazil, according to UBS BB. Blau’s robust pipeline of biosimilar launches in the coming years focuses particularly on monoclonal antibodies.
UBS BB highlighted Blau’s verticalization strategy, which targets proprietary production of Active Pharmaceutical Ingredients (APIs). This approach could provide Blau with a first-mover advantage and facilitate rapid market share gains.
The growth acceleration for Blau appears weighted toward the long term, particularly around 2028 and beyond, when monoclonal antibodies’ patents begin to expire.
UBS BB noted that execution risks remain significant, and uncertainties persist regarding competitive dynamics in the Brazilian pharmaceutical market.
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