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Shelby Hill

Shelby Hill

Research Analyst at RBC Capital Markets, LLC

New York, NY, US

Shelby Hill is an equity research analyst at RBC Capital Markets, specializing in coverage of the biotechnology sector with a particular focus on companies such as Ultragenyx Pharmaceutical Inc. Hill's research contributions have included participation in earnings calls and providing company-specific analysis, reflecting specialized insight within the life sciences industry. While publicly available records indicate activity dating to at least 2025 and research engagement at RBC, further details on career timeline, historical performance metrics, and professional credentials have not been widely published. Hill’s ongoing coverage contributes to market understanding for targeted biopharma clients.

Shelby Hill's questions to Moderna (MRNA) leadership

Question · Q4 2025

Shelby Hill inquired about the overall survival (OS) data for INT in adjuvant melanoma, noting the press release's silence on OS despite compelling initial separation of curves at ASCO 2024, and asked how this should be interpreted.

Answer

Stephen Hoge, President, stated that the OS curves for INT adjuvant melanoma will be shared at an upcoming medical meeting, implying that the data is being held for a full presentation. He noted that relapse-free survival holding consistent naturally includes survival, and all data from the five-year interim analysis will be presented.

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Question · Q4 2025

Shelby Hill asked about the INT program, congratulating on the recent five-year data for melanoma and the consistent RFS hazard ratio. She inquired about the silence on OS in the press release, asking if it implies the OS curves are no longer separated or if details are being reserved for an upcoming medical meeting.

Answer

Stephen Hoge, President, stated that the OS curves for INT 5-year melanoma data will be shared at an upcoming medical meeting, implying that the data is being held for a full presentation rather than being negative. He noted that relapse-free survival holding consistent obviously includes survival.

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Shelby Hill's questions to Ultragenyx Pharmaceutical (RARE) leadership

Question · Q2 2025

On behalf of Luca Eci from RBC Capital Markets, Shelby Hill asked for more color on the Sanfilippo CRL, referencing prior comments about shipping validation and a stringent inspector, and questioned if the FDA was 'missing the forest for the trees.'

Answer

Emil Kakkis, Founder, President & CEO, responded that it is the FDA's job to scrutinize details ('check every tree') and that CMC rigor is essential. He emphasized that the company's focus is on methodically addressing all the issues raised in the CRL, which they believe are entirely manageable, rather than dwelling on the inspection process.

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