Er-Kim announces exclusive distribution agreement with Puma Biotechnology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Agreement Announcement: Er-Kim has signed a distribution agreement with Puma Biotechnology to commercialize NERLYNX in select Eastern European and Central Asian countries, including Armenia, Azerbaijan, and Russia.
NERLYNX Overview: NERLYNX is a prescription medication used for treating early-stage HER2-positive breast cancer and metastatic breast cancer, specifically designed to inhibit the growth of cancer cells.
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Analyst Views on PBYI
Wall Street analysts forecast PBYI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PBYI is 3.50 USD with a low forecast of 2.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
1 Hold
1 Sell
Moderate Sell
Current: 6.320
Low
2.00
Averages
3.50
High
5.00
Current: 6.320
Low
2.00
Averages
3.50
High
5.00
About PBYI
Puma Biotechnology, Inc. is a biopharmaceutical company with a focus on the development and commercialization of products to enhance cancer care. The Company is commercializing NERLYNX, an oral version of neratinib, for the treatment of certain HER2-positive breast cancers. NERLYNX is approved in the United States for two indications: the extended adjuvant treatment of adult patients with early stage HER2-overexpressed/amplified breast cancer following adjuvant trastuzumab-based therapy and for use in combination with capecitabine for the treatment of adult patients with advanced or metastatic HER2-positive breast cancer who have received two or more prior anti-HER2-based regimens in the metastatic setting. The Company has in-licensed and is responsible for the global development and commercialization of alisertib. It intends to pursue the development of alisertib initially in small cell lung cancer and hormone receptor positive breast cancer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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