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Heartseed Regains Rights After Novo Nordisk Partnership Ends

Story Highlights
  • Heartseed Inc. regains worldwide rights to its cardiac therapies after Novo Nordisk ends partnership.
  • Heartseed maintains 2025 earnings forecast with no safety concerns for HS-001 and HS-005 progressing well.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Heartseed Regains Rights After Novo Nordisk Partnership Ends

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Heartseed, Inc. ( (JP:219A) ) has shared an announcement.

Heartseed Inc. announced the termination of its partnership with Novo Nordisk A/S, which decided to concentrate on its core business areas. As a result, Heartseed regains worldwide rights to its therapeutic programs HS-001 and HS-005 for severe heart failure. The company maintains its earnings forecast for 2025 and reports no safety or efficacy concerns for HS-001, with HS-005 clinical preparations progressing as planned.

The most recent analyst rating on (JP:219A) stock is a Hold with a Yen3290.00 price target. To see the full list of analyst forecasts on Heartseed, Inc. stock, see the JP:219A Stock Forecast page.

More about Heartseed, Inc.

Heartseed Inc. operates in the biotechnology industry, focusing on developing therapeutic programs using allogeneic iPS cell-derived cardiomyocytes. The company is involved in creating treatments for severe heart failure, with a market focus on innovative cardiac therapies.

Average Trading Volume: 861,001

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen71.95B

See more insights into 219A stock on TipRanks’ Stock Analysis page.

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