Connect Biopharma Advances Rademikibart After Positive Interim Review

Tip Ranks
2026.04.23 13:30
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Connect Biopharma Holdings (CNTB) announced that an independent Data Monitoring Committee completed a positive interim efficacy analysis of its Phase 2 Seabreeze STAT trials for rademikibart, with no safety concerns and no need to change sample size. The company plans to engage the FDA for a Phase 3 program and aims to deliver topline data in mid-2026. Analysts rate CNTB stock as a Buy with a $7.00 price target, though concerns about financial performance persist. Connect Biopharma focuses on treatments for asthma and COPD, positioning rademikibart as a leading therapy in the market.