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vTv Therapeutics initiated with a Buy at BTIG

BTIG initiated coverage of vTv Therapeutics (VTVT) with a Buy rating and $40 price target vTv is a clinical-stage biotech company developing oral drugs for metabolic and inflammatory diseases, the analyst tells investors in a research note. The firm expects the company’s lead candidate cadisegliatin, a liver selective glucokinase activator in type 1 diabetes, to reduce hypoglycemic events in the Phase 3 CATT1 trial. It projects over $500M in peak sales for cadisegliatin.

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