Cowen & Co. Releases a Buy Rating on Clearside BiomedicalBy Carrie Williams
“This morning CLSD announced accrual completion of its Phase 1/2 DME trial.”
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Clearside Biomedical has an analyst consensus of Strong Buy, with a price target consensus of $24.
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Clearside Biomedical, Inc. is a clinical stage biopharmaceutical company, which develops drug therapies to treat chronic, blinding diseases of the eye, with a particular emphasis on diseases affecting the choroid and retina. The company was founded by Samirkumar Patel, Vladimir Zarnitsyn, Mark Prausnitz, Daniel H. White, and Henry Edelhauser in May 2011 and is headquartered in Alpharetta, GA.