Why Cara Therapeutics Shares Jumped 10% Today [The Motley Fool]
Cara Therapeutics, Inc. (CARA)
Last cara therapeutics, inc. earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
ir.caratherapeutics.com/investor-relations
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Source: The Motley Fool
Investor optimism continues following an important licensing deal earlier in the week. Todd Campbell ( TMFEBCapital ) May 25, 2018 at 3:57PM What happened Cara Therapeutics ' ( NASDAQ:CARA ) stock has been on a tear following news that Vifor Fresenius Medical Care Renal Pharma Ltd. licensed certain ex-U.S. rights to Korsuva, Cara Therapeutics' treatment for chronic kidney disease-associated itching in dialysis patients. Since the news was reported, Cara Therapeutics shares have risen from less than $12 per share to over $17 per share, including a gain of as much as 12.5% on Friday. So what Korsuva is a kappa opioid receptor agonist that relieves pain by targeting nerves in sensory nerves. Because it doesn't target the central nervous system like traditional opioids, it doesn't carry the same risks of abuse or of side effects that they do.
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CARA
News
- Cara Therapeutics, Inc. (NASDAQ: CARA) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- Cara Therapeutics to Present at the 23rd Annual Needham Virtual Healthcare ConferenceGlobeNewswire
- Cara Therapeutics, Inc. (NASDAQ: CARA) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- Cara Therapeutics to Host Notalgia Paresthetica (NP) Virtual KOL Event on Wednesday, March 27, 2024 [Yahoo! Finance]Yahoo! Finance
- Cara Therapeutics to Host Notalgia Paresthetica (NP) Virtual KOL Event on Wednesday, March 27, 2024GlobeNewswire
CARA
Earnings
- 3/4/24 - Beat
CARA
Sec Filings
- 4/12/24 - Form PRE
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- CARA's page on the SEC website