Exchange: NASDAQ·Updated 07:50 PM EST

KARD Kardigan Inc.

$15.52
$1.66
(11.98%)
Today
Closed $15.52
$0.18
(1.16%)
After Hours
EarningsNov 9
Mkt Cap$1.3B
Vol406,631.00

About KARD

Kardigan, Inc. is a clinical-stage precision therapeutics company, which engages in developing medicines that target the root cause of specific cardiovascular diseases where no approved treatments exist. It combines clinical-stage drug programs with artificial intelligence, real-world patient data, and analytics through its “Cardiac Intelligence” platform to accelerate research and improve treatment outcomes. The company was founded by Tassos E. Gianakakos, Jay Edelberg, Bob McDowell, Leslie Leinwand, and Elizabeth McNally in August 2023 and is headquartered in Princeton, NJ.
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Baird🏁 $KARD and said -- Initiating coverage with an Outperform rating and $43 price target. $CYTK EWTX BMY TNYA $MLYS AZN RCKT ALNY RHHBY TECX TENX MRK BAYRY IONS Baird added—We like Kardigan's three-asset precision-cardiology portfolio, anchored by danicamtiv's potential to improve heart function in familial/genetic DCM, where we believe the myosin activator mechanism is well-positioned for success (particularly in the sarcomeric core patients). In addition to danicamtiv, ataciguat in CAVS and tonlamarsen in ASH offer additional higher-risk higher-reward shots-on-goal and with Phase 2 readouts across all three programs expected 1H27, we see multiple opportunities for clinical validation (all three of which target high-unmet-need indications) to drive share-price appreciation.

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