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Mirum Pharmaceuticals initiated with a Buy at TD Cowen

TD Cowen initiated coverage of Mirum Pharmaceuticals (MIRM) with a Buy rating and $95 price target The company has three approved products for rare liver diseases, which are demonstrating strong sales growth, the analyst tells investors in a research note. The firm says Mirum is also advancing volixibat for the treatment of pruritus. TD sees near- and long-term growth with pipeline optionality for the company.

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