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Stock impact report

Is Ovid Therapeutics (OVID) One of the Best Fast Growing Penny Stocks to Buy According to Analysts? [Yahoo! Finance]

Ovid Therapeutics Inc. (OVID) 
Last ovid therapeutics inc. earnings: 3/11 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.ovidrx.com
Company Research Source: Yahoo! Finance
Capital initiated coverage of Ovid Therapeutics with an Outperform rating and set a price target of $4. Additionally, on December 18, Ovid Therapeutics Inc. (NASDAQ:OVID) announced successful Phase 1 results for OV350, the first-ever direct activator of the KCC2 transporter to be dosed in humans. The intravenous study met its primary objectives, showing a favorable safety and tolerability profile with no treatment-related serious adverse events or laboratory findings. Exploratory qEEG data further confirmed central activity and spectral power consistent with the expected physiological effects of KCC2 modulation in the brain. Photo by Robb Miller on Unsplash While the company does not plan to advance the intravenous OV350 further, these results validate the mechanism and support the development of its oral KCC2 portfolio. Ovid is now prioritizing OV4071, an oral activator that is 20x more potent than OV350 in disease models. The company remains on track to submit a regulatory app Show less Read more
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