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Opus Genetics initiated with a Buy at Chardan

Chardan initiated coverage of Opus Genetics (IRD) with a Buy rating and $9 price target The firm cites the commercial potential of the company’s gene therapy assets, including OPGx-LCA5 for Leber congenital amaurosis type 5 and OPGx-BEST1 for bestrophinopathies, along with additional upside potential from its partnered phentolamine small molecule programs for the Buy rating.

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