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-0.00201884253028271 0.00471063257065951 -0.0060565275908479 0.00790713324360698 0.00538358008075371 0.0161507402422611 0.0410363391655451 0.0397039030955585
Stock impact report

Why Cara Therapeutics' Stock Is Popping Today [The Motley Fool]

Cara Therapeutics, Inc. (CARA) 
Last cara therapeutics, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.caratherapeutics.com/investor-relations
Company Research Source: The Motley Fool
The biotech signed a favorable licensing deal for its lead product candidate, sending its shares higher. George Budwell ( TMFGBudwell ) May 23, 2018 at 8:10AM What happened Shares of Cara Therapeutics ( NASDAQ:CARA ) rose by as much as 22% in pre-market trading today on light volume. The spark? Cara's shares are responding positively to the news that the biotech signed an ex-U.S. licensing deal with  Vifor Fresenius Medical Care Renal Pharma Ltd.  (VFMCRP) for Korsuva (CR-845). Korsuva is an experimental drug being assessed as a breakthrough treatment for chronic pruritus (itching) in dialysis patients with advanced kidney disease.   Image Source: Getty Images. So what As part of the deal, Cara will receive an up-front payment of $50 million, as well as a $20 million equity investment at $17 a share from VFMCRP. The biotech is also eli Show less Read more
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