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The latest announcement is out from Cara Therapeutics ( (CARA) ).
On April 15, 2025, Cara Therapeutics completed its merger with Tvardi Therapeutics, resulting in the formation of a Nasdaq-listed company named Tvardi Therapeutics, Inc. The merger, accompanied by a reverse stock split and a private placement financing, positions Tvardi to advance its clinical programs targeting fibrosis-driven diseases, with anticipated data readouts in 2025 and 2026. The merger also involved a significant restructuring of the company’s board and management, aligning with Tvardi’s strategic focus.
Spark’s Take on CARA Stock
According to Spark, TipRanks’ AI Analyst, CARA is a Neutral.
Cara Therapeutics is currently facing significant financial difficulties, with declining revenues and persistent losses weighing heavily on its prospects. However, the technical indicators show positive momentum, and the strategic merger with Tvardi Therapeutics offers a potential path to future growth and improvement in market positioning. The poor valuation remains a concern, but the merger could help address financial stability issues.
To see Spark’s full report on CARA stock, click here.
More about Cara Therapeutics
Tvardi Therapeutics is a clinical-stage biopharmaceutical company focused on developing novel, oral small molecule therapies targeting STAT3 to treat fibrosis-driven diseases with significant unmet need. The company is conducting Phase 2 clinical trials in idiopathic pulmonary fibrosis and hepatocellular carcinoma.
YTD Price Performance: 3.53%
Average Trading Volume: 21,063
Technical Sentiment Signal: Buy
Current Market Cap: $25.38M
Find detailed analytics on CARA stock on TipRanks’ Stock Analysis page.
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