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Pharvaris initiated with a Buy at JonesResearch

Pharvaris initiated with a Buy at JonesResearch

JonesResearch initiated coverage of Pharvaris with a Buy rating and $46 price target. The company’s oral deucrictibant has promising efficacy and safety in hereditary angioedema, both as an on-demand therapy for acute attacks and in long-term prophylactic settings, the analyst tells investors in a research note. The firm says deucrictibant’s differentiated profile could drive blockbuster sales.

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