Eliem Therapeutics (NASDAQ:ELYM) reported quarterly losses of $(0.56) per share. This is a 81.99 percent increase over losses of $(3.11) per share from the same period last year.
Abbvie (NYSE: ABBV) has submitted a marketing authorization application (MAA) to the European Medicines Agency (EMA) for atogepant for the prophylaxis of migraine in adult patients who have at least four migraine days per month.
Initiating a Phase 1 pharmacokinetics trial of ETX-155 to enable a Phase 2a trial in MDD planned to commence in first quarter of 2023
Sufficient capital expected to fund operations until mid-2024
SVB Leerink has decided to maintain its Outperform rating of Eliem Therapeutics (NASDAQ:ELYM) and lower its price target from $13.00 to $9.00.
Shares of Eliem Therapeutics are trading down 4.04% over the last 24 hours, at $3.56 per share.
Eliem Therapeutics (NASDAQ: ELYM) has completed dosing of the last patient in its Phase 2a trial of ETX-810 in patients with chronic lumbosacral radicular pain (LSRP).