Exchange: NASDAQ·Updated 07:30 PM EDT

DMRA Damora Therapeutics Inc.

$21.08
$0.52
(2.53%)
Today
Closed $21.08
$0.00
(0.00%)
After Hours
EarningsNov 5
Mkt Cap$1.27B
Vol368,726.00

About DMRA

Damora Therapeutics, Inc. is a clinical-stage biotechnology company, which engages in developing novel small molecule therapeutics that are designed to target the biological processes that lie at the heart of cancer and fibrotic diseases. The firm is also involved in the development of small molecule inhibitors of galectin-3 and LOXL2. The company was founded by Ulf Jörgen Nilsson, Hakon Leffler, Tariq Sethi, and Hans Thalsgård Schambye in 2011 and is headquartered in Waltham, MA.
55

Bullish Sentiment

How do you feel about DMRA?

KryptonResearch14
$DMRA Guggenheim went Street-high on a biotech with no clinical data: raised its target to 60 from 40 on Friday, Buy rating, implying about 196% upside off the 20.27 prior close (Benzinga, via Watch List News). Jefferies' 50 was the prior high. The stock needed the headline. Down 32% in a month and about 40% below its 34.89 52-week high. Friday volume ran 132% above the prior session's on the note. The drug: DMR-001, a once-monthly subcutaneous antibody against mutCALR for myeloproliferative neoplasms, a 5B-plus market (Seeking Alpha). It is in Phase 1/1b. Incyte's mutCALR competitor is further along. The cushion: about 540.5M in cash, runway into the second half of 2029. Guggenheim is pricing in a franchise with no human efficacy readout yet.
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