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Stock impact report

Market News Alert: Nuvectis Pharma Receives $18 Price Target and Buy Rating from Lucid Capital Markets [Yahoo! Finance]

Nuvectis Pharma, Inc. (NVCT) 
Company Research Source: Yahoo! Finance
Report highlights Nuvectis' potential to generate hundreds of millions of dollars in revenue and notes upcoming phase 1a clinical data as a potential catalyst NEW YORK, February 27, 2025 BUSINESS WIRE )--Market News Alerts Reports: Lucid Capital Markets has initiated coverage on Nuvectis Pharma (Nasdaq: NVCT) with a Buy rating and a price target of $18. The firm's report highlights Nuvectis' promising oncology pipeline, particularly its lead asset, NXP900, a SRC/YES1 inhibitor targeting squamous cell carcinomas with high unmet need. Lucid's report emphasizes the strong potential of NXP900, which is currently in Phase 1 clinical trials and has shown an encouraging safety profile while continuing dose escalation. The firm projects peak non-risk-adjusted sales of over $900 million for NXP900 across multiple cancer indications by 2041. Additionally, Nuvectis' second asset, NXP800, a GCN2 activator, is in Phase 1b trials targeting ARID1a-mutated ovarian cancer. Although previous dosi Show less Read more
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