Cyclerion Therapeutics: This Spinoff Has Multiple Readouts Coming Up, Concerns Remain [Seeking Alpha]
Cyclerion Therapeutics, Inc. (CYCN)
Company Research
Source: Seeking Alpha
Cyclerion Therapeutics: This Spinoff Has Multiple Readouts Coming Up, Concerns Remain Summary Cyclerion Therapeutics is a recent spin off from Ironwood Pharmaceuticals. Recent insider buys and key leadership appointment are possible green flags. Multiple readouts for mid- and early-stage studies are expected later this year. Pipeline overview call on the 13th should help it gain some visibility as well. Large market opportunities are being targeted (SCD, DN, HFpEF, etc.), and data from early studies has for the most part been positive. Given current concerns (competition, more clarity on safety/tolerability profile) and need for more derisking data sets, I cannot recommend a pilot position at this time. Cyclerion Therapeutics ( CYCN IRWD acquired over 270,000 shares As part of this separation, Ironwood shareholders received one share I'm well aware of spinoffs being a great place to hunt for high % gainers, not only in biotech but also in technology and other sectors as well. Let's ta
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