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Poolbeg Pharma's TOPICAL trial passes safety review, keeping 19p price target intact

Analyst Insights
24 Sep 2026
Proactive Investors
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Bullish
Poolbeg Pharma's TOPICAL trial passes safety review, keeping 19p price target intact

Poolbeg Pharma's TOPICAL trial for POLB 001, a potential treatment to prevent cytokine release syndrome in multiple myeloma patients, passed an interim safety review allowing it to continue without changes. This milestone supports Cavendish's 'buy' rating and 19p price target, implying a 110% upside from the current 9.1p share price. Patient recruitment is ongoing, with more trial sites opening, and the expanded patent portfolio across multiple regions boosts potential pharma partner interest. The trial's progress is seen as a de-risking event, enhancing Poolbeg's prospects despite expected losses during development.

Poolbeg Pharma's trial progress is the subject, with Pluang market data as of Sep 24, 2026 20:44 WIB. Among 100 priced Health-sector US stocks tradable on Pluang, 50 rose and 47 fell today. Notable movers include Charles River Laboratories Intl. Inc (CRL) at USD 293.01 with a 5.65% increase, Ginkgo Bioworks Holdings Inc (DNA) at USD 8.99 rising 4.78%, and Twist Bioscience Corp (TWST) at USD 165.00 up 4.12%.

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