Analyst RatingAnalyst initiates coverage of AN2 Therapeutics with a Market Outperform rating and a $30 price target, and another upgrade to Market Outperform with a new $6 price target, reflecting potential undervaluation at current levels.
Drug DevelopmentEpetraborole may become the first FDA-approved oral option for refractory MAC NTM lung disease, showing robust activity in vitro and in NTM models, which indicates a higher likelihood of clinical success.
Financial StabilityAN2 Therapeutics has a substantial cash position, believed to be sufficient for at least 12 months of operations, providing financial stability in the short term.