Craig-Hallum Initiates Coverage On Satellos Bioscience with Buy Rating, Announces Price Target of $24
Craig-Hallum analyst Adam Vogel initiates coverage on Satellos Bioscience (NASDAQ:MSLE) with a Buy rating and announces Price Target of $24.
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Craig-Hallum analyst Adam Vogel initiates coverage on Satellos Bioscience (NASDAQ:MSLE) with a Buy rating and announces Price Target of $24.
Satellos Bioscience Inc. (NASDAQ:MSLE, TSX:MSCL), a clinical-stage drug development company developing potentially life-improving medicines to treat degenerative muscle diseases, today announced that the United States
Satellos Bioscience received FDA clearance for its IND application to test forazapadin in facioscapulohumeral muscular dystrophy (FSHD), expanding the drug candidate into a second degenerative muscle disease. The FSHD Canada Foundation will provide up to US$5 million in non-dilutive financing to support clinical development, with a Phase 2 study expected to begin in Q4 2026. Forazapadin is an AAK1 inhibitor designed to restore muscle repair and regeneration.