Edgewise Therapeutics: Behind The Massive Rally [Seeking Alpha]
Edgewise Therapeutics, Inc. (EWTX)
Company Research
Source: Seeking Alpha
The company is focused on developing precision medicines for severe genetic neuromuscular and cardiac disorders. Edgewise Therapeutics has recently raised additional capital and has four data readouts for EDG-5506 scheduled for 2024. A full investment analysis around Edgewise Therapeutics follows in the paragraphs below. Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate. Learn More » You don't spread democracy with a barrel of a gun . ? Helen Thomas Shares of neuromuscular precision medicine concern Edgewise Therapeutics, Inc. ( NASDAQ: EWTX have rallied very strongly after the FDA assigned Orphan and Rare Pediatric designations to its lead asset EDG-5506. Prior to the surge, net of cash the market was valuing EDG-5506 at ~$100 million, even though early data suggests a decent shot of capturing an unencumbered $750 million opportunity in BMD. With four EDG-5506 data readouts slated for 2024 and en
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EWTX
News
- Edgewise Receives European Medicines Agency (EMA) Orphan Drug Designations for Sevasemten (EDG-5506) for the Treatment of Becker and Duchenne Muscular Dystrophies [Yahoo! Finance]Yahoo! Finance
- Edgewise Receives European Medicines Agency (EMA) Orphan Drug Designations for Sevasemten (EDG-5506) for the Treatment of Becker and Duchenne Muscular DystrophiesBusiness Wire
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) had its price target raised by analysts at Royal Bank of Canada from $28.00 to $32.00. They now have an "outperform" rating on the stock.MarketBeat
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $26.00 price target on the stock.MarketBeat
- Edgewise Therapeutics Announces Positive Two-Year Topline Results from the ARCH Open Label Trial of Sevasemten (EDG-5506) in Adults with Becker Muscular Dystrophy (Becker) [Yahoo! Finance]Yahoo! Finance
EWTX
Earnings
- 2/22/24 - Miss
EWTX
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/15/24 - Form PRE
- EWTX's page on the SEC website