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Clinuvel Pharmaceuticals ( (AU:CUV) ) just unveiled an announcement.
CLINUVEL Pharmaceuticals announced that Dr. Philippe Wolgen has resumed his role as CEO, while Lachlan Hay has taken on increased responsibilities as Chief Operations Officer. This management update is part of a strategic shift to focus on specific projects, including a planned Nasdaq uplisting and clinical plans in vitiligo. The company’s recent achievements, such as the full recruitment of the CUV105 study and a European label extension, highlight its ongoing progress and potential impact on its market positioning.
The most recent analyst rating on (AU:CUV) stock is a Buy with a A$13.50 price target. To see the full list of analyst forecasts on Clinuvel Pharmaceuticals stock, see the AU:CUV Stock Forecast page.
More about Clinuvel Pharmaceuticals
CLINUVEL PHARMACEUTICALS LIMITED is a global specialty pharmaceutical group focused on developing and commercializing treatments for patients with genetic, metabolic, systemic, and life-threatening acute disorders. The company is a pioneer in photomedicine and melanocortin peptides, with its lead therapy, SCENESSE®, approved for preventing phototoxicity in patients with erythropoietic protoporphyria (EPP). Headquartered in Melbourne, Australia, CLINUVEL operates in Europe, Singapore, and the USA.
Average Trading Volume: 140,008
Technical Sentiment Signal: Sell
Current Market Cap: A$575.4M
Learn more about CUV stock on TipRanks’ Stock Analysis page.