I sometimes underestimate how much fear and greed drive the markets, especially in the short-term. Nothing has changed with regards to the EDP-235 data, that it was able to reduced symptoms in a low-risk population, which is something that Paxlovid failed to do. Hopefully, ENTA will provide some clarity regarding their discussions with the FDA for the EDP-235 phase 3 trials in their 4 upcoming investor conferences this month.
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