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CLINUVEL Expands Singapore RD&I Centre for Advanced Peptide Therapies

Story Highlights
  • CLINUVEL expands its Singapore RD&I Centre to develop advanced peptide therapies.
  • The expansion strengthens CLINUVEL’s industry position and enhances therapeutic capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CLINUVEL Expands Singapore RD&I Centre for Advanced Peptide Therapies

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An announcement from Clinuvel Pharmaceuticals ( (AU:CUV) ) is now available.

CLINUVEL PHARMACEUTICALS LTD has announced a significant expansion of its VALLAURIX Research, Development, and Innovation Centre in Singapore, supported by the Singapore Economic Development Board. This strategic five-year investment aims to transform the facility into a global hub for developing advanced peptide therapies, focusing on liquid controlled-release drug products. The expansion underscores CLINUVEL’s commitment to innovation in peptide-based medicine and strengthens its position in the biotech industry by leveraging Singapore’s vibrant ecosystem. This move is expected to enhance the company’s capabilities in delivering next-generation therapeutic solutions and optimize therapeutic dosing for patients, positioning CLINUVEL at the forefront of peptide delivery technologies.

The most recent analyst rating on (AU:CUV) stock is a Buy with a A$14.00 price target. To see the full list of analyst forecasts on Clinuvel Pharmaceuticals stock, see the AU:CUV Stock Forecast page.

More about Clinuvel Pharmaceuticals

CLINUVEL PHARMACEUTICALS LIMITED is a global specialty pharmaceutical group focused on developing and commercializing treatments for patients with genetic, metabolic, systemic, and life-threatening acute disorders, as well as healthcare solutions for specialized populations. The company is a pioneer in photomedicine and melanocortin peptides, with its lead therapy, SCENESSE®, approved for preventing phototoxicity in patients with erythropoietic protoporphyria (EPP). Headquartered in Melbourne, Australia, CLINUVEL operates in Europe, Singapore, and the USA.

YTD Price Performance: 2.73%

Average Trading Volume: 122,795

Technical Sentiment Signal: Sell

Current Market Cap: A$619M

Find detailed analytics on CUV stock on TipRanks’ Stock Analysis page.

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