DNLI - Denali: Leveraging Transport Vehicle Technology For Neurological Gains
2024-03-06 22:05:07 ET
Summary
- Denali's stock performance has been flat despite the biotech sector's 20% rise; recently raised $500 million in a PIPE.
- ALS trial failure with partner Sanofi pressured stock; Denali's focus is on transport vehicle (TV) technology and BBB crossing.
- Denali boasts a strong financial position with $1.53 billion in cash, extending operational runway significantly.
- Recommends "buy" based on Denali's innovative TV technology, financial health, and potential in neurological disorders despite biotech risks.
Strategic Shifts and Scientific Strides: Analyzing Denali's Latest Moves
Shares of Denali Therapeutics ( DNLI ) have been flat since my last update in October....
Denali: Leveraging Transport Vehicle Technology For Neurological Gains