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Wainwright starts coverage of Artiva Biotherapeutics with 'buy' rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2495545527","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495545527?lang=en_us&edition=fundamental","pubTime":"2024-12-30 20:09","pubTimestamp":1735560565,"startTime":"0","endTime":"0","summary":"BUZZ-H.C. Wainwright starts coverage of Artiva Biotherapeutics with 'buy' rating** Brokerage H.C. Wainwright starts coverage of drug developer Artiva Biotherapeutics ARTV.O with \"buy\" rating and PT of $20** PT represents an ~88% upside to stock's last close** Co is testing its experimental drug, AlloNK, for an autoimmune disease called systemic lupus erythematosus  in combination with antibodies Rituxan or Gazyva** SLE is a condition where the immune system attacks the body's own tissues ** Brokerage notes \"current treatment options do not effectively control disease progression\"** Says AlloNK costs less than $6,000 per patient for ARTV to produce, compared to ~$100,000 for auto-CAR T therapies ** Co has capacity to produce enough AlloNK for over 1,000 autoimmune patients annually, H.C. 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