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Outlook Therapeutics downgraded to Neutral from Buy at BTIG

BTIG downgraded Outlook Therapeutics (OTLK) to Neutral from Buy with no price target While the firm believes Lytenava has inherent benefits over compounded bevacizumab in wet age-related macular degeneration, it needs to see confirmation of a clear path to potential approval in the U.S. and/or signs of commercial momentum in Europe in order to get more constructive, the analyst tells investors.

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