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Coya Therapeutics' stock surged after FDA clearance for a new ALS treatment study.
Coya Therapeutics' stock rose after the FDA accepted its IND application for COYA 302, a potential treatment for ALS.
This approval allows the company to start a Phase 2 clinical study, triggering a $4.2 million milestone payment from partner Dr. Reddy's Laboratories.
Despite a recent net loss, Coya received a "buy" rating from analysts with a target price suggesting a significant upside.
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Las acciones de Coya Therapeutics aumentaron después de la aprobación de la FDA para un nuevo estudio de tratamiento ALS.