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Conatus Pharmaceuticals Significant Joint-Venture Review and Analysis of Third Quarter 2016 Results

Thursday, 29 December 2016 01:10 PM

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NEW YORK, NY / ACCESSWIRE / December 29, 2016 / Traders News Source, an equity research firm specializing in small and micro-cap securities, is looking at recent events with Conatus Pharmaceuticals Inc. (NASDAQ: CNAT). Conatus, a biotechnology company focused on treating liver disease, announced earnings for the third quarter of 2016 on November 8, 2016.

Can Conatus capitalize on the market opportunity for treating diseased livers? Get the facts you need here in our full report

(Copy and paste to browser may be required- http://bit.ly/2ilT8y2-CNAT-Full-Report)

Based on current technology (and no regulatory approval for drugs to treat cirrhosis), patients' eventual solution is to seek a liver transplant. Unfortunately, demand exceeds supply by an overwhelming margin. Conatus stock is up over +80% in 2016. EPS loss of ($0.31) reflects continued investment in trails of CNAT's liver treatment products. Given the recent announcement of the firm's joint-venture with pharmaceutical company Novartis, focus will turn from funding to progress on trials of the company's liver disease treatment.

What does this joint venture mean for Can Conatus? Get the facts you need here in our full report

(Copy and paste to browser may be required- http://bit.ly/2ilT8y2-CNAT-Full-Report)

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