Tekmira Pharmaceuticals (TKMR) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of Tekmira Pharmaceuticals (TKMR) from N/A to OUTPERFORM on March 20, 2013, with a target price of $12.00.

Tekmira is a development stage biotech company. We are optimistic about the great potential of the Company's LNP delivery technology, which enables the systemic delivery of RNAi drug candidates. Tekmira has built a diversified pipeline which targets multiple indications including cancer and infection. Lead drug candidate TKM-PLK1 will enter into a Phase II clinical trial in 2013. Government sponsored TKM-Ebola is under accelerated "Animal Rule" development. Partnerships should build shareholder value in a rapid and cost-effective way. We rate the Company's shares Outperform.

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