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0.0502340883208909 0.0249272428191827 -0.000379602682525581 0.0564975325825637 0.0249272428191827 0.0122738200683285 -0.0212577502214348 0.0585853473364547
Stock impact report

A Weight Loss Drug Candidate Essentially For Free As Skye Bioscience Is Trading At Cash Value [Seeking Alpha]

Skye Bioscience, Inc. (SKYE) 
Company Research Source: Seeking Alpha
This presents potential value opportunities in a market projected to grow to $105 billion by 2035. Skye Bioscience's nimacimab, in Phase 2a trials, shows promise with significant weight loss results in mouse models, making it a speculative but potentially rewarding investment. 26-week results for the Phase 2a are expected in late Q3 or early Q4, so positive catalysts are on the horizon. SKYE currently trades essentially at cash value, meaning investors who buy in today get a weight loss drug candidate essentially for free. Jose Luis Pelaez Inc Weight loss drug companies have come off of their peak hype from about a year ago. Novo Nordisk A/S ( NVO ), manufacturer of Ozempic and Wegovy, has seen its stock price cut by more than half Recommended For You Show less Read more
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