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Analysts See Huge Upside in This Newly Listed Biopharma Stock

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Jefferies initiated coverage of Theseus Pharmaceuticals Inc (NASDAQ: THRX) with a Buy rating and $23 price target, seeing an upside of approximately 32%.
The company’s lead asset, THE-630, is derisked with clinical validation that has shown potent anti-tumor activity in animal models, says analyst Maury Raycroft.
THE-630 is first being targeted for Gastrointestinal Stromal Tumors, which is a $6 billion global market opportunity, Raycroft noted.

Wedbush initiated coverage of Theseus with an Outperform rating and a $24 price target, an upside of 38%.
Analyst David Nierengarten notes that the company’s development approach is differentiated, pointing out …

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Mereo BioPharma’s Etigilimab/Opdivo Combo Achieves One Complete Response in Cervical Cancer

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Mereo BioPharma Group plc (NASDAQ: MREO) reported interim data from ACTIVATE Phase 1b/2 study of its anti-TIGIT antibody, etigilimab, in combination with Bristol Myers Squibb Co (NYSE: BMY) Opdivo (nivolumab) in select recurrent advanced/metastatic solid tumors.
As of the cut-off date, one complete response in cervical cancer, one partial response in ovarian cancer, and four …
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Canada Plastics Pact Welcomes 15 New Partners

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OTTAWA, Nov. 30, 2021 (GLOBE NEWSWIRE) — Canada Plastics Pact is excited to be welcoming 15 new Partners following last month’s release of it’s shared action plan to build a circular economy for plastics packaging in Canada. The new Partners announced today include leading consumer goods organizations, provincial and municipal governments, resin producers, recyclers, a bio-based plastics startup, one of Canada’s largest waste management companies, a new non-profit Producer Responsibility Organization and leading non-profit organizations from across the country.
Since the CPP launched in January 2021, the CPP has doubled in size to include 81 leading industry, NGO, and public sector organizations who together account for over a third of the plastics packaging in the market nationally. These Partners are working collaboratively towards ambitious 2025 targets to create a circular economy for plastics packaging in Canada where it stays in the economy and out of the environment. This has included the release of Roadmap to 2025: A shared action plan to build a circular economy for plastics …
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HealthRecon Connect Successfully Completes SOC 1(R) Type 1 Examination

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DALLAS, Nov. 30, 2021 (GLOBE NEWSWIRE) — HealthRecon Connect, leading revenue cycle management solutions provider to Healthcare Providers based in the US, reaffirmed its commitment to internal security controls by successfully completing the System and Organizational Controls SOC 1(R) Type 1 examination. The report independently audited by Stakes CPA, LLC, validates that HealthRecon’s infrastructure, controls, policies, and procedures meet and/or exceeded the SOC 1(R) Type 1 criteria as of July 1, …
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