Thursday, October 17, 2024

New Biotech Stock Gains Attention After $14 Billion Deal

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2024's Biggest Investor Wins: Karuna's $14 Billion Buyout Shakes Up Biotech

What made it possible? It's simple.

Karuna Therapeutics created KarXT, a groundbreaking treatment aimed at schizophrenia, with additional potential for Alzheimer's and bipolar disorder.

Not long after, they were scooped up by Bristol Myers in a $14 billion deal.

Today, we're seeing a new company capturing the attention of savvy investors, potentially following in Karuna's footsteps.

With a recently awarded patent, this company is working on a groundbreaking replacement to marketed lithium therapies to treat similar diseases.

Could this little-known biotech stock be the next big thing? Many experts think it just might be.

>>Check Out 2024's Hottest Biotech Deal Here

 


 

 

 
 
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