Centessa Pharmaceuticals plc American Depositary Shares (CNTA)
Company News
Centessa Pharmaceuticals reported progress on its orexin receptor 2 (OX2R) agonist pipeline, with ongoing clinical trials for ORX750 and ORX142 targeting sleep-wake disorders and neurological conditions. The company expects key data readouts in 2025 and has sufficient cash runway into mid-2027.
Centessa Pharmaceuticals (CNTA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
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