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NeuroBo Pharmaceuticals Inc

NRBO

$2.30

Closing

▼-4.56%

1D

▼-37.67%

YTD

NRBO

BBG009YPPXS7

Exchange

Sector

Market cap

$19.82M

Volume

3,352

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Market cap

$19.82M

Analysts' Rating

STRONG BUY

Price Target (Mean)

16.00

Total Analysts

3

P/E

Operating Margin

0.00%

Beta

-0.15

Revenue Growth

0.00%

52 week high

$6.74

52 week low

$2.08

Div. Yield

%

EPS Growth

40.15

Company Profile

NeuroBo Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on transforming cardiometabolic diseases. It is developing DA-1241 for the treatment of Metabolic Dysfunction-Associated Steatohepatitis (MASH) and Type 2 Diabetes Mellitus (T2DM), and is developing DA-1726 for the treatment of obesity. DA-1241 is a novel G-Protein-Coupled Receptor 119 (GPR119) agonist with development optionality as a standalone and/or combination therapy for both MASH and T2DM. Agonism of GPR119 in the gut promotes the release of key gut peptides, glucagon-like peptide-1 (GLP-1), glucose-dependent insulinotropic polypeptide, and peptide YY. DA-1726 is a novel oxyntomodulin (OXM) analogue functioning as a GLP-1 receptor (GLP1R) and glucagon receptor (GCGR) dual agonist for the treatment of obesity that is to be administered once weekly subcutaneously. OXM is a naturally-occurring gut hormone that activates GLP1R and GCGR, thereby decreasing food intake while increasing energy expenditure.