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NervGen Pharma initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of NervGen Pharma (NGEN) with a Buy rating and $18 price target The company’s lead clinical candidate, NVG-291, is about to enter a pivotal trial for spinal cord injury, specifically for chronic tetraplegia, the analyst tells investors in a research note. The firm sees a “significant unmet need” and a large unaddressed market.

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