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Tiziana Life Sciences initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of Tiziana Life Sciences (TLSA) with a Buy rating and $8 price target Tiziana is developing an intranasal antibody for numerous central nervous system conditions, the analyst tells investors in a research note. The firm believes the company is building a neurological franchise with foralumab that could be analogous to AbbVie’s Humira.

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