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0.00375234521575994 0.00375234521575994 0.0131332082551595 0.0150093808630394 0.0150093808630394 0.00750469043151971 -0.00769230769230759 -0.00938086303939959
Stock impact report

Ovid Therapeutics: Seizing The Moment With Phase 2 Ready Assets And PIPE Funding [Seeking Alpha]

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: Seeking Alpha
Recent Phase 1 data show OV329 lacks the eye toxicity seen with vigabatrin, supporting its differentiated safety profile. Management secured $60M PIPE financing, extending the cash runway into 2029, but a $385.7M modeled funding gap implies 11% annual dilution over six years. I maintain a speculative buy rating on OVID, citing OV329's potential, recent positive developments, and a fair value per share of $2.16. Fabian Montano/iStock via Getty Images Overview Months following my last evaluation , Ovid Therapeutics' ( OVID lead partnered drug, soticlestat, flunked a Phase 3 trial. Its stock hasn't yet recovered from that event. But my focus (even back then) was on Ovid's GABA-AT inhibitor, OV329. This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. Show less Read more
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