NVSEF - Legend Biotech: Solid Traction With Carvykti Rollout
2024-01-29 13:47:30 ET
Summary
- Today, we take a look at Legend Biotech Corporation, a commercial-stage biopharmaceutical company focused on developing cell therapies for oncology and other indications.
- The company has one approved product on the market, LCAR-B38M, for the treatment of multiple myeloma. This product is a potential blockbuster and also known as Carvykti.
- Most analyst firms are positive about Legend Biotech's prospects, with price targets ranging from $85 to $100 per share.
- The company also inked a new licensing deal with Novartis in November.
- An investment analysis of Legend Biotech Corporation follows in the paragraphs below.
Legend Biotech: Solid Traction With Carvykti RolloutLegends are best left as legends and attempts to make them real are rarely successful "? Michael Moorcock.