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NervGen Pharma remains a Buy after FDA aligns on Phase 3 trial and secures $60M funding.

Analyst Insights
02 Jul 2026
Seeking Alpha
View Source
Bullish
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NervGen Pharma is confirmed as a Buy following the FDA's agreement on its Phase 3 RESTORE trial for NVG-291, a treatment targeting spinal cord injury. The company recently raised $60 million to fund this pivotal trial, focusing on replicating positive efficacy results seen in earlier studies. Objective biomechanical gait analysis showed significant improvements, supporting NVG-291's potential for neural recovery rather than just compensatory adaptation. With a risk-adjusted equity value estimated between $7.50 and $8.50 per share, NervGen offers substantial upside if Phase 3 results align with prior data.

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