Analyst Sentiment And Sector Re-ratingAn analyst-initiated outperform rating combined with a recovering biotech sector supports potential re-rating for this development-stage microcap.
Clinical DataFB102's topline Phase 1b results in celiac disease demonstrated encouraging signals, and a longer gluten challenge in the planned Phase 2 is expected to deliver clearer proof of concept.
Regulatory Progress And Trial EnrollmentThe US IND for a Phase 2 celiac disease trial is open and enrolling, enabling evaluation of multiple dosing levels and broader efficacy assessment.