Jefferies Financial Group Begins Coverage on Santen Pharmaceutical (OTCMKTS:SNPHY)

Equities researchers at Jefferies Financial Group began coverage on shares of Santen Pharmaceutical (OTCMKTS:SNPHY) in a report issued on Monday, The Fly reports. The brokerage set a “hold” rating on the stock.

Shares of OTCMKTS SNPHY opened at $18.99 on Monday.

About Santen Pharmaceutical

Santen Pharmaceutical Co, Ltd. researches and develops, manufactures, and markets pharmaceuticals and medical devices in Japan and internationally. It offers various pharmaceutical products to treat glaucoma and ocular hypertension, such as DE-111, which is in Phase III clinical trial; DE-126 that is in Phase 2b clinical trial; DE-128, which is in Phase 2/3 clinical trial; DE-130A that is in Phase III clinical trial; and DE-117.

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