Drug Development ProgressThe promising early signals of efficacy in ALKS's orexin 2 receptor agonist candidate could validate the strong potential of CNTA's similar drug, ORX750, in improving wakefulness over placebo.
Financial MilestonesCNTA's unexpected revenues from out-licensing its CBS004 program, combined with potential for future milestone payments and royalties, signal a strong financial position and growth potential.
Market OutlookThe raised price target for CNTA stock reflects confidence in SerpinPC's market penetration forecasts, suggesting an optimistic outlook for its role in treating hemophilia B.