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Nuvectis Pharma initiated with a Buy at Lucid Capital

Nuvectis Pharma initiated with a Buy at Lucid Capital

Lucid Capital analyst Christopher Liu initiated coverage of Nuvectis Pharma (NVCT) with a Buy rating and $18 price target Nuvectis is a clinical-stage biotechnology company focused on developing targeted small molecule oncology therapies, the analyst tells investors in a research note. The firm believes the company’s lead asset, NXP900, has the potential to treat cancers with high unmet need, particularly heavily pretreated, YES1/Hippo-altered squamous cell carcinomas where there are limited treatment options.

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