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An update from Satellos Bioscience ( (TSE:MSCL) ) is now available.
Satellos Bioscience has announced the dosing of the first adult patient in its long-term follow-up study, LT-001, for SAT-3247, a novel treatment for Duchenne muscular dystrophy. The study will assess long-term safety, muscle composition, and functional outcomes, with results expected in early 2026. The company plans to expand the study to include new participants in Australia and the U.S., pending regulatory approvals. This milestone marks significant progress in developing a potential therapy that could reverse the effects of Duchenne, offering hope to patients and their families.
The most recent analyst rating on (TSE:MSCL) stock is a Buy with a C$1.20 price target. To see the full list of analyst forecasts on Satellos Bioscience stock, see the TSE:MSCL Stock Forecast page.
Spark’s Take on TSE:MSCL Stock
According to Spark, TipRanks’ AI Analyst, TSE:MSCL is a Neutral.
Satellos Bioscience faces challenges typical of early-stage biotech companies, including no revenue and reliance on financing to sustain operations. Technical indicators suggest a bearish momentum. However, positive corporate developments, such as clinical trial progress and increased financing, provide a potential upside if successful commercialization ensues.
To see Spark’s full report on TSE:MSCL stock, click here.
More about Satellos Bioscience
Satellos Bioscience Inc. is a clinical-stage biotechnology company focused on developing life-improving medicines to treat degenerative muscle diseases. The company is advancing SAT-3247, an oral small molecule drug designed to regenerate skeletal muscle lost in Duchenne muscular dystrophy (DMD) and other degenerative conditions. Satellos aims to restore natural muscle repair and regeneration through its proprietary discovery platform, MyoReGenX™, and is exploring additional therapeutic opportunities.
Average Trading Volume: 247,789
Technical Sentiment Signal: Buy
Current Market Cap: C$139.3M
Find detailed analytics on MSCL stock on TipRanks’ Stock Analysis page.