Contineum Therapeutics' Multiple Sclerosis Trial Disappoints, But Analyst Sees Other Assets Driving Value
CTNM's Phase 2 VISTA trial for PIPE-307 showed no efficacy. The trial met safety metrics but missed primary/secondary endpoints. RBC Capital lowered CTNM's price forecast from $25 to $22. CTNM's stock dropped 13.26% following the negative trial results. Future prospects depend on PIPE-791 in idiopathic pulmonary fibrosis.
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