Clinical TrialsThe commencement of the RIDGE-1 Phase 1 study marks an important milestone for Tenaya, as the first patient has been dosed with TN-401, aiming to treat arrhythmogenic right ventricular cardiomyopathy (ARVC).
Financial PerformanceAnalyst maintains a BUY rating and has increased the price target from $16 to $18, reflecting optimism about the company's future prospects.
Research And DevelopmentTN-401's potential efficacy in ARVC is supported by robust preclinical data and IND enabling studies, indicating a promising future for the therapy.