Life Sciences News | BioTuesdays by Kilmer Lucas IR

Developments

Rencofilstat adopted as non-proprietary name for Hepion’s CRV431

Hepion Pharmaceuticals’ (NASDAQ:HEPA) lead drug candidate for the treatment of non-alcoholic steatohepatitis (NASH) and other liver diseases, CRV431, has been renamed, rencofilstat. The non-proprietary name change was...

January 7, 2022

Markets

Maxim starts Quoin Pharma at buy; PT $5

Maxim Group initiated coverage of Quoin Pharmaceuticals (NASDAQ:QNRX) with a “buy” rating and price target of $5. The stock closed at $1.74 on Jan.6. Quoin is a clinical-stage company developing therapies for rare...

January 7, 2022

Markets

WB starts Nkarta at OP; fair-value estimate $35

William Blair launched coverage of Nkarta (NASDAQ:NKTX) with an “outperform” rating and fair-value estimate of $35. The stock closed at $14.27 on Jan. 5. Nkarta is developing allogeneic chimeric antigen receptor (CAR)...

January 6, 2022

Developments

Stifel sees possible rebound year for biotech; top picks for 2022

In its biotech outlook, Stifel said that “on heels of weakness and negativity, 2022 may turn out to be a rebound year wherein biotech stocks – particularly decliners despite positive results and/or commercial...

January 5, 2022

Developments

Hepion Pharmaceuticals to present clinical data at NASH-TAG conference

Dr. Todd Hobbs, CMO of Hepion Pharmaceuticals (NASDAQ:HEPA), will present data from the company’s Phase 2 AMBITION study with drug candidate, CRV431, at the NASH-TAG 2022 conference at Park City, Utah on Jan. 8...

January 5, 2022

Executive Moves

Global medical device executive Kenneth Knudson joins Profound as CCO

Profound Medical (NASDAQ:PROF; TSX:PRN) appointed accomplished global medical device industry veteran, Kenneth Knudson, as chief commercial officer to lead Profound’s worldwide sales, marketing and reimbursement...

January 5, 2022

Markets

WB starts Cardiff Oncology at outperform

William Blair initiated coverage of Cardiff Oncology (NASDAQ:CRDF) with an “outperform” rating. The stock closed at $6.43 on Jan.4. Cardiff is advancing on vansertib, a specific PLK1 inhibitor, which “we view as a...

January 5, 2022

Markets

WB starts P3 Health Partners at outperform

William Blair launched coverage of P3 Health Partners (NASDAQ:PIII) with an “outperform” rating, projecting 2022 revenue of 815.1-million; 2023 revenue of $1.2-billion; and 2024 revenue of $1.7-billion on adjusted...

January 4, 2022

Developments

Sigyn outlines 2021 achievements; 2022 clinical, corporate outlook

In a letter to shareholders, chairman and CEO, Jim Joyce of Sigyn Therapeutics (OTC:SIGY), said that in the face of a pandemic that paused and shuttered numerous clinical research programs, “we translated our vision for...

January 4, 2022

Developments

PharmaJet partner Zydus Cadila in COVID-19 vaccine expansion with Korean firm

Needle-free injection company PharmaJet’s partner, Zydus Cadila, is partnering with Enzychem Lifesciences to manufacture their COVID-19 plasmid DNA vaccine, ZyCoV-D, in Korea. The plan is to manufacture more than 80...

January 4, 2022

Markets

BTIG starts Pear Therapeutics at buy; PT $12

BTIG initiated coverage of Pear Therapeutics (NASDAQ:PEAR) with a “buy” rating and $12 price target. The stock closed at $6.20 on Dec. 31. Pear is a leader in prescription digital therapeutics (PDTs), with three...

January 3, 2022

Developments

Altamira updates Bentrio EU roll-out, 510(k), new Asian distribution, COVID-19, allergy testing

Altamira Therapeutics (NASDAQ:CYTO) issued a business update on Bentrio, its nasal spray for protection against airborne viruses and allergens. The company has set up contracts with wholesalers in its lead market of...

December 30, 2021

Rencofilstat adopted as non-proprietary name for Hepion’s CRV431

Maxim starts Quoin Pharma at buy; PT $5

WB starts Nkarta at OP; fair-value estimate $35

Stifel sees possible rebound year for biotech; top picks for 2022

Hepion Pharmaceuticals to present clinical data at NASH-TAG conference

Global medical device executive Kenneth Knudson joins Profound as CCO

WB starts Cardiff Oncology at outperform

WB starts P3 Health Partners at outperform

Sigyn outlines 2021 achievements; 2022 clinical, corporate outlook

PharmaJet partner Zydus Cadila in COVID-19 vaccine expansion with Korean firm

BTIG starts Pear Therapeutics at buy; PT $12

Altamira updates Bentrio EU roll-out, 510(k), new Asian distribution, COVID-19, allergy testing

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