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Enlivex Reports Positive Six-Month Data for Knee Osteoarthritis Trial

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Enlivex Reports Positive Six-Month Data for Knee Osteoarthritis Trial

TipRanks Cyber Monday Sale

The latest announcement is out from Enlivex ( (ENLV) ).

Enlivex Therapeutics Ltd. announced positive six-month topline data from the Phase IIa stage of its Allocetra™ trial for moderate to severe knee osteoarthritis, reaffirming previous three-month results. The study demonstrated significant pain reduction and improved function in patients aged 60 and above, with sustained efficacy and a favorable safety profile, supporting further development and commercial potential.

The most recent analyst rating on (ENLV) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Enlivex stock, see the ENLV Stock Forecast page.

Spark’s Take on ENLV Stock

According to Spark, TipRanks’ AI Analyst, ENLV is a Underperform.

Enlivex’s financial challenges, characterized by no revenue and ongoing cash burn, significantly impact its stock score. Technical indicators show neutral momentum, but the negative valuation metrics reflect ongoing financial difficulties. The absence of positive corporate events or earnings call data limits the potential for a higher score.

To see Spark’s full report on ENLV stock, click here.

More about Enlivex

Enlivex Therapeutics Ltd. is a clinical-stage company specializing in macrophage reprogramming immunotherapy. The company is developing Allocetra™, a universal, off-the-shelf cell therapy aimed at reprogramming macrophages into their homeostatic state to address life-threatening and debilitating conditions.

Average Trading Volume: 181,178

Technical Sentiment Signal: Sell

Current Market Cap: $21.4M

Learn more about ENLV stock on TipRanks’ Stock Analysis page.

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