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home / news releases / NVS - Cortexyme IPO Isn't Cheap


NVS - Cortexyme IPO Isn't Cheap

Targeting a market that could reach $1.1 trillion by 2050, Cortexyme (CRTX) will probably interest institutional investors. Besides, the company appears to have sufficient equity financing to complete its Phase 2-3 clinical trial. In addition, the fact that Pfizer (PFE) is among the shareholders is also very appealing. The only issue is that the company expects to deliver top-line results in 2021. The market will have to wait for more than two years, which is a long time for some investors.

Source: Prospectus

Source: Prospectus

Business

Founded in 2012, Cortexyme is

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Stock Information

Company Name: Novartis AG
Stock Symbol: NVS
Market: NYSE
Website: novartis.com

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