Medicus Pharma Highlights Positive Teverelix Phase 1 Data and Near-Term SkinJect Milestones

Tip Ranks
2026.01.12 14:20
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Medicus Pharma Ltd (MDCX) announced positive Phase 1 data for its GnRH antagonist Teverelix, showing effective hormone suppression and a favorable safety profile. The data will be presented at the 2026 American Association of Clinical Endocrinology meeting, supporting its use in women's health and prostate cancer. Additionally, the SkinJect™ Phase 2 trial has completed enrollment, with results expected in early 2026. Analysts rate MDCX stock as a Hold with a $1.50 price target, citing weak financial performance and bearish technicals.