CompetitionCoherus Biosciences, Inc. faces concerns due to competition and a lack of late-stage pipeline.
Financial PerformanceBioRestorative Therapies reported 2023 results with a net loss of ($14.4M) and net cash used in operations of ($6.4M).
Price TargetFactoring the dilution associated with the financing and pushing back timelines on commercialization of BRTX-100 to 2029, from 2028, the 12-month price target is lowered to $6, from $10.