Cara Therapeutics and Vifor Fresenius Medical Care Renal Pharma (VFMCRP) Enter into Ex-U.S. Licensing Agreement to Commercialize KORSUVA™ Injection in Dialysis Patients with Pruritus

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Cara Therapeutics (CARA) PT Raised to $24 at H.C. Wainwright; 'Premier Partnership Incrementally De-Risks IV Korsuva'

May 23, 2018 12:44 PM EDT

H.C. Wainwright raised its price target on Cara Therapeutics (NASDAQ: CARA) to $24.00 (from $22.00) while maintaining a Neutral rating.

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Cara Therapeutics (CARA) PT Raised to $20 at Stifel Following Vifor-Fresenius JV

May 23, 2018 11:01 AM EDT

Stifel raised its price target on Cara Therapeutics (NASDAQ: CARA) to $20.00 (from $17.00) while maintaining a Buy rating after the company announced a licensing arrangement with Vifor Fresenius Medical Care Renal Pharma (VFMCRP)a joint venture between Vifor Pharma (market leading provider of renal drugs) and... More

Cara Therapeutics (CARA) Bullish View Reiterated at Laidlaw Following Licence Agreement with Vifor Fresenius Medical

May 23, 2018 11:00 AM EDT

Laidlaw analyst Francois Brisebois reiterated a Buy rating and $26 price target on Cara Therapeutics (NASDAQ: CARA) after the company announced that they have licensed worldwide rights (except US, Japan and South Korea) to commercialize Korsuva injection for the treatment of CKD-aP in dialysis patients to Vifor Fresenius Medical Care Renal Pharma (VFMCRP).

Brisebois commented, "We are encouraged by the financial implications of the licensing as CARA will receive an upfront... More

Needham & Company Maintains Bullish View on Cara Therapeutics (CARA) Following IV CR845 License Agreement

May 23, 2018 10:26 AM EDT

Needham & Company analyst Alan Carr reiterated a Buy rating and $23 price target on Cara Therapeutics (NASDAQ: CARA) after the company announced this morning a license and co-promotion agreement with Vifor Fresenius Medical Care Renal Pharma (VF).

Carr commented, "The agreement relates... More