CNS Pharmaceuticals: Promising Drug Pipeline and Strategic Plans Drive Buy Rating
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Jason McCarthy from Maxim Group maintains a Buy rating for CNS Pharmaceuticals, citing its promising drug pipeline and strategic plans. The lead program, TPI-287, shows potential for treating recurrent glioblastoma, with plans to expand trials. Despite Berubicin not meeting primary endpoints, it shows promise with a better safety profile. Strategic FDA discussions may aid approval. These factors, along with CNS's financial position and upcoming presentations, support McCarthy's optimistic outlook.
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