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Arecor Therapeutics PLC ( (GB:AREC) ) has shared an update.
Arecor Therapeutics has formed a new Scientific Advisory Board composed of world-renowned experts in oral drug delivery and peptide therapeutics. This board will provide crucial technical and strategic guidance as Arecor aims to develop a novel technology platform for the oral delivery of peptides, which could significantly improve bioavailability and address patient needs in markets like diabetes and obesity. The initiative underscores Arecor’s commitment to advancing oral peptide delivery, a challenge that has persisted for decades, with the potential to enhance patient compliance and reduce healthcare burdens.
Spark’s Take on GB:AREC Stock
According to Spark, TipRanks’ AI Analyst, GB:AREC is a Neutral.
Arecor Therapeutics’ stock is bolstered by positive technical momentum and supportive corporate events, indicating strategic growth and leadership confidence. However, financial challenges and valuation concerns due to lack of profitability weigh down the overall score.
To see Spark’s full report on GB:AREC stock, click here.
More about Arecor Therapeutics PLC
Arecor Therapeutics plc is a globally focused biopharmaceutical company that enhances existing therapeutic products to transform patient care. Utilizing its proprietary Arestat™ technology platform, Arecor develops a portfolio of proprietary products, particularly in diabetes, and collaborates with leading pharmaceutical and biotechnology companies to deliver innovative therapeutic solutions.
Average Trading Volume: 32,913
Technical Sentiment Signal: Sell
Current Market Cap: £18.12M
For an in-depth examination of AREC stock, go to TipRanks’ Overview page.