April 1st
Greetings Readers,
Veru Inc. (Nasdaq: VERU) continues to reign in the top spot on Tuesday's watchlist.
One major reason why is this...
VERU has pushed through 4 lines of potential resistance recently.
If support grows at these levels, it could create the foundation for VERU to attempt to reach for previous highs.
Furthermore, the company shared this announcement Monday: Veru to Participate in Fireside Chat at the Jones Healthcare and Technology Innovation Conference
Currently up approx. 12%, (Nasdaq: VERU) could be ready to March highs on the 1st day of April.
Take a moment to review my initial report below and consider this Biopharma profile for your radar quickly.
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Here's an in-depth look at Veru Inc. (Nasdaq: VERU), a biopharmaceutical company at the forefront of developing innovative treatments targeting unmet medical needs in metabolic health, oncology, and other critical therapeutic areas.
6 Immediate Potential Catalysts (Nasdaq: VERU) To Consider:
(1.) Industry Growth: The metabolic health market, particularly treatments for obesity, is projected to grow from $46Bn in 2024 to over $470Bn in the next decade, representing a +900% expansion.
(2.) Unmet Need: Current metabolic treatments often lead to significant lean muscle loss, posing long-term health risks. Veru Inc. is developing a solution to address this critical gap.
(3.) Enobosarm: Veru Inc.'s lead drug candidate, Enobosarm, is a selective androgen receptor modulator (SARM) designed to promote fat reduction while preserving muscle mass.
(4.) Promising Clinical Results: Phase 2b clinical trial (QUALITY) results demonstrated that Enobosarm, in combination with metabolic therapies, significantly reduced lean mass loss compared to conventional treatments alone. The Phase 2b extension study results are expected in Q2 2025.
(5). Analyst Coverage: Several Wall Street firms (B. Riley Financial ($2), H.C. Wainwright & Co. ($2.50), and Oppenheimer ($4)) have recently reaffirmed their bullish stance on Veru Inc., highlighting significant upside potential. Bill-ionaire healthcare in-vest-or Dr. Phillip Frost has also taken a position in the company.
(6.) Potential Market Shift: If approved, Enobosarm could establish a new standard in the metabolic health market by prioritizing muscle preservation, targeted fat reduction, and long-term body composition improvements.
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Veru's Solution: Enobosarm
Veru Inc. is focused on next-generation advancements in body composition and metabolic health. Enobosarm is designed to promote fat reduction while preserving muscle.
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