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Nuvectis Pharma initiated with a Buy at Laidlaw

Laidlaw analyst Yale Jen initiated coverage of Nuvectis Pharma (NVCT) with a Buy rating and $19 price target Nuvectis is an early to mid-clinical stage oncology emphasized biotech company that focuses on two novel and first-in-class therapies, the analyst tells investors in a research note. The firm says the company’s lead product, NXP900, could find potential use as monotherapy for treating multiple squamous carcinomas.

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