Protagonist Therapeutics / BeOne Medicines: Day 1 EHA: All For Degrader Good – We Continue to View BGB-16673 and Rusfertide as Differentiated Assets

研报英文原文证据摘录

Protagonist Therapeutics / BeOne Medicines: Day 1 EHA: All For Degrader Good – We Continue to View BGB-16673 and Rusfertide as Differentiated Assets

Equity Research

12 June 2026

Protagonist Therapeutics / BeOne Medicines

Day 1 EHA: All For Degrader Good –

We Continue to View BGB-16673

PTGX OVERWEIGHTand Rusfertide as Differentiated

U.S. Small & Mid Cap POSITIVE BiotechnologyAssets Price Target USD 119.00

Price (10-Jun-26) USD 105.77

Nurix presented updated data from its BTK degrader in R/R Potential Upside/Downside +12.5%

CLL, and Silence presented updated data from divesiran in Source: Bloomberg, Barclays Research

PV; bottom line, we continue to view the data to date from ONC OVERWEIGHT

U.S. Small & Mid CapBGB-16673 and Rusfertide as differentiated. POSITIVE Biotechnology

Price Target USD 409.00

Price (10-Jun-26) USD 263.61

Potential Upside/Downside +55.2%

Source: Bloomberg, Barclays Research

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