Clinical TrialsAn independent DSMB recommended continuation of the NEUTRALIZE-AKI trial with no safety concerns, noting a potential efficacy signal.
Financial StabilityThe company raised net proceeds of approximately $7.6M in two registered direct offerings, which could extend cash runway.
Market OpportunityThe analyst maintains a Buy rating and a $2.00 price target, supported by the novel technology and significant market opportunity in adult AKI.