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NetworkNewsBreaks – Karuna Therapeutics, Inc. (NASDAQ: KRTX) Featured in Mizuho Securities Research Report

Company: Karuna Therapeutics, Inc. (KRTX)
Category: News

Karuna Therapeutics (NASDAQ: KRTX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Karuna released 1Q21 earnings today, but quarterly financial performance is less important for a clinical-stage company such as Karuna. More important are updates on the progress of flagship drug KarXT, and we are encouraged by the progress there. The two pivotal Phase 3 trials (EMERGENT-2 and EMERGENT-3) and 52-week EMERGENT-4 trial are enrolling, while EMERGENT-5 will be initiated in 2Q21. The Phase 1b safety and tolerability trial in healthy elderly volunteers also continues, with Cohort 3 data expected later this quarter, before the company moves KarXT into a Phase 2 trial in DRP. We continue to see KRTX as a top SMID Cap pick and we reiterate our Buy rating and $150 PT.”

To request access to the full report, visit http://nnw.fm/SaZ9d 

About Karuna Therapeutics, Inc.

Karuna Therapeutics is a clinical-stage biopharmaceutical company driven to create and deliver transformative medicines for people living with psychiatric and neurological conditions. At Karuna, we understand there is a need for differentiated and more effective treatments that can help patients navigate the challenges presented by these severe and disabling disorders. Utilizing our extensive knowledge of neuroscience, we are harnessing the untapped potential of the brain in pursuit of novel pathways to develop medicines that make meaningful differences in peoples’ lives. For more information, please visit www.Karunatx.com.

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