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Ultragenyx Pharmaceutical has several growth opportunities ahead that could lead its share price to boom over the next year, according to RBC Capital Markets. Analyst Luca Issi initiated research coverage of the pharmaceutical company, which develops treatments for rare and ultra-rare diseases, with an outperform rating and $77 price target. Ultragenyx is forecasting between $500 million and $530 million in revenue for 2024, driven by rare bone disease drug Crysvita, long-chain fatty acid oxidation disorder drug Dojolvi, as well as therapies Mepsevii and Evkeeza. The analyst is also looking ahead to Ultragenyx's treatments for Angelman syndrome, Glycogen storage disease type 1, or GSD1a, plus Wilson's disease as potential opportunities to drive up the stock. Wilson's disease is a rare genetic disorder that prevents the body from eliminating copper, which then leads it to accumulate in the liver, brain and other organs.
Persons: Luca Issi, Issi, Issi's, Issa, GSD1a Organizations: Ultragenyx Pharmaceutical, RBC Capital Markets, U.S . Food, Drug Administration
CAIRO, Sept 3 (Reuters) - Algeria's defence ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead. "After multiple attempts, shots were fired on a jet ski," the ministry said. Another member of their group, Smail Snabi, was detained by the Algerian authorities, Kissi said. "Given that the maritime border area is witnessing intense activity by drug smuggling gangs and organized crime, Coast Guard members fired warning shots," the Algerian statement added. "I did not hear any warning shots.
Persons: Mohamed Kissi, Morocco's, Bilal, Abdelali Mchiouer, Smail Snabi, Kissi, Mchiouer's, Mohamed, Bilal Kissi, Bilal Kissi's, Hatem Maher, Ahmed Eljechtimi, Adam Makary, Ros Russell Organizations: coastguard, Rabat, Coast Guard, Reuters, Sunday, Human Rights, Ministry, Thomson Locations: CAIRO, Moroccan, Saidia, Algeria's, Algerian, Algeria, Morocco, Algiers, Oujda
RABAT, Sept 1 (Reuters) - Algerian authorities shot dead at least one Moroccan tourist after a group of five strayed into Algerian waters on jet skis, according to one of the survivors. Another member of their group was detained by the Algerian authorities, Kissi said. Moroccan authorities said they could not comment on the case, calling it a judicial matter. Mustafa Mechouar, the father of Abdelali Mechouar, told Reuters he believed his son was dead and wanted to bury him. "I appeal to Moroccan and Algerian authorities to reach an agreement to bring my son back to me to observe a proper funeral and burial for him," he said.
Persons: Mohamed Kissi, Morocco's, Kissi, Bilal, Abdelali Mechouar, Mohamed, Bilal Kissi, Bilal Kissi's, Mustafa Mechouar, Ahmed El Jechtimi, Tarek Amara, Geert de Clercq, Angus McDowall, Mike Harrison Organizations: Rabat, Ministry, Reuters, Thomson Locations: RABAT, Moroccan, Saidia, Algeria, Morocco, Algiers, Algerian, Oujda, Rabat, Tunis, Paris
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