Leerink analyst Marc Goodman initiated coverage of MapLight Therapeutics (MPLT) with an Outperform rating and $30 price target The firm is bullish on the muscarinic space and says MapLight’s lead asset ML-007C-MA has a potentially better clinical profile than Cobenfy. ML-007C-MA is in Phase 2 development for the treatment of Alzheimer’s disease psychosis, which is a large market with significant unmet need, the analyst tells investors in a research note.
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