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Inventiva positioned as next acquisition target, says H.C. Wainwright

H.C. Wainwright analyst Ananda Ghosh believes Inventiva’s (IVA) lanifibranor “stands out” as the only pan PPAR agonist in Phase 3 with dual histologic benefit already demonstrated in Phase 2b. This positions Inventiva as the next acquisition target following the buyout of 89bio (ETNB) by Roche (RHHBY), the analyst tells investors in a research note. H.C. Wainwright believes lanifibranor is “emerging as a prime acquisition candidate” for a big pharma company seeking a differentiated, fibrosis directed, cardiometabolic oral backbone to complement GLP-1s and FGF21s.

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