Bell Potter retains a "speculative buy" on Starpharma with a price target at $1.15 a share.
"We are impressed with the speedy progress of the collaboration which is indicative both of [AZN] AstraZeneca's deep interest in SPL's DEP technology and also of its satisfaction with the results seen with the first DEP enhanced compound.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.