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Unity Biotechnology initiated with a Buy at Chardan

Chardan initiated coverage of Unity Biotechnology (UBX) with a Buy rating and $6 price target The company’s lead candidate UBX1325 is currently being investigated in the Phase 2b ASPIRE trial in treatment-experienced diabetic macular edema patients, with topline data expected in Q1 of 2025, notes the analyst, who bases the firm’s rating and target on the potential of UBX1325 in DME.

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