Mizuho views the selloff yesterday in shares of Corvus Pharmaceuticals (CRVS) following the Phase 1 data for soquelitinib in atopic dermatitis as “way overdone.” Mizuho found the data “promising “on both efficacy and safety. At this stage, soquelitini appears competitive to the currently approved oral and injected drugs, the analyst tells investors in a research note. It keep an Outperform rating on the shares.
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