Mizuho analyst Joseph Catanzaro initiated coverage of Bicara Therapeutics (BCAX) with a Neutral rating and $18 price target The firm believes the company’s ficerafusp alfa is unfavorably positioned in an “increasingly competitive” head and neck cancer landscape. Comparisons with cetuximab indicates little efficacy contribution from ficerafusp’s TGF beta trap, the analyst tells investors in a research note.
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