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Genelux initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of Genelux (GNLX) with a Buy rating and $10 price target Genelux is a late clinical-stage biotechnology company focused on utilizing oncolytic viral immunotherapies for the treatment of cancer, the analyst tells investors in a research note. The firm sees a “low hanging fruit” opportunity for lead candidate Olvi-Vec in platinumresistant/refractory ovarian cancer.

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