Crossject announces initiation of coverage by ODDO BHF

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The ODDO BHF analysts rated Crossject as “Outperform” with a price target of €7.10, citing the significant advantages associated with the company’s needle-free ZENEO® device, which enables easily administered injections to be delivered by patients and untrained caregivers in a fraction of a second in emergency situations. Crossject’s contract with the U.S. Biomedical Advanced Research and Development Authority (BARDA) to procure ZEPIZURE®, previously known as ZENEO® Midazolam, for nerve agent-induced epileptic seizures, is an important validation of the platform, the analysts said.