NetworkNewsBreaks – Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) Featured in Mizuho Securities Research Report
Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Concert reported 4Q19/FY19 results yesterday. 4Q19 EPS was $(0.86) compared to FactSet consensus of $(0.79) while FY19 EPS was $(3.29) vs. consensus of $(3.22). We do not see earnings as the most important value driver for pre-commercial stage biotechs. Importantly, the company continues to make progress on the clinical development front with CTP-543, and CTP-692 - two wholly-owned assets. We continue to expect that the Phase 2 readouts from CTP-692 in schizophrenia expected by YE2020 could be an…







