Analyst RecommendationAnalyst recommends Vera Therapeutics with an 'Outperform' rating and a target price of $75.00.
EarningsPositive 96-week data from the Phase IIb ORIGIN study showed consistent and sustained reductions in Gd-IgA1 and proteinuria, leading to eGFR stabilization, which is considered a 'functional cure' according to experts.
Financial PerformanceVera Therapeutics reported having $640.9M in cash, which is expected to fund operations through the potential approval and commercial launch of atacicept in IgAN.