** Shares of drug developer Tevogen Bio closed up about 5% at $1.80
** Company forecasts top line revenue for its specialty care pipeline to be nearly $1 bln in its launch year
** Cumulative 5-year revenue estimate between $18 bln and $22 bln - TVGN
** Company's pipeline includes treatment for Covid-19 infection in patients with certain cancers, as well as arthritis
** Up to last close, stock was down 84.2% YTD
(Reporting by Sneha S K)
((Sneha.SK@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.