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NurExone Biologic ( (TSE:NRX) ) has issued an update.
NurExone Biologic has announced promising preclinical results showing structural repair in spinal cord tissue following treatment with ExoPTEN, with treated animals demonstrating improved tissue organization and motor function recovery. Additionally, the company successfully closed a C$0.78 million private placement to support ongoing operations and the development of ExoPTEN, indicating strong investor confidence and positioning the company for future clinical trials.
The most recent analyst rating on (TSE:NRX) stock is a Buy with a C$2.61 price target. To see the full list of analyst forecasts on NurExone Biologic stock, see the TSE:NRX Stock Forecast page.
More about NurExone Biologic
NurExone Biologic Inc. operates in the biotechnology industry, focusing on developing treatments for spinal cord injuries. Their primary product, ExoPTEN, is designed to support nerve repair and restore function, addressing the unmet need for effective spinal cord injury treatments.
Average Trading Volume: 40,145
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$47.86M
For a thorough assessment of NRX stock, go to TipRanks’ Stock Analysis page.