
NovaBridge Biosciences Executive Begins Open-Market ADS Purchases

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NovaBridge Biosciences announced that Dr. Sean Cao, Chief Business Development Officer, has started purchasing up to $100,000 of the company's American depositary shares (ADSs) in the open market. This insider buying indicates confidence in the company's prospects as it develops drug candidates like givastomig and ragistomig. However, the company warns of clinical and financial risks. The latest analyst rating for NBP stock is a Hold with a $3.50 price target, and Spark's AI Analyst rates it as Neutral due to deteriorating financial performance and bearish technicals.
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