BVF Inc. IL Takes Position in Erytech Pharma SA (ERYP)

BVF Inc. IL purchased a new stake in Erytech Pharma SA (NASDAQ:ERYP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 625,000 shares of the company’s stock, valued at approximately $13,763,000. Erytech Pharma accounts for about 1.7% of BVF Inc. IL’s investment portfolio, making the stock its 19th biggest holding. BVF Inc. IL owned approximately 3.65% of Erytech Pharma as of its most recent SEC filing.

Separately, Sphera Funds Management LTD. bought a new position in Erytech Pharma during the fourth quarter worth $2,642,000. 26.91% of the stock is currently owned by institutional investors.

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ERYP traded down $0.75 during trading on Monday, reaching $20.25. 203 shares of the company’s stock were exchanged, compared to its average volume of 1,445. Erytech Pharma SA has a fifty-two week low of $17.50 and a fifty-two week high of $30.56. The company has a market capitalization of $376.68 and a P/E ratio of -6.91.

Separately, Cowen started coverage on shares of Erytech Pharma in a research report on Tuesday, December 5th. They set an “outperform” rating on the stock.

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Erytech Pharma Profile

Erytech Pharma SA, also known as ERYTECH Pharma, is a France-based biopharmaceutical company developing medicinal products mainly in oncology, hematology and immunology fields of business. The Company offers ESY-ASP (GRASPA), a medicinal product consisting of L-Asparaginase entrapped into human homologous red blood cells.

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