TD Cowen analyst Yaron Werber initiates coverage on $UpStream Bio (UPB.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 57.9% and a total average return of 14.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $UpStream Bio (UPB.US)$'s main analysts recently are as follows:
Upstream Bio's primary asset, verekitug, is a recombinant human IgG1 monoclonal antibody designed to target the thymic stromal lymphopoietin receptor, which is intended for the treatment of severe asthma, chronic rhinosinusinitis with nasal polyps, and COPD. Analysts view verekitug as the central catalyst for the company's stock performance over the medium to long term as its clinical profile continues to develop.
The initiation of coverage on Upstream Bio highlighted the company's verekitug as a 'differentiated fast follower' that potentially offers greater potency and more extended dosing intervals in comparison to Tezspire. The Phase 1 data revealed 'rapid, deep, and sustained effects' on asthma biomarkers.
Note:
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