ENTA—A phase-1b/2a monotherapy trial of EDP-239 has been started by NVS, which is the first public sign that NVS really cares about the EDP-239 program. (Source: ENTA’s JMP webcast today.) My ENTA valuation model ascribes zero value for EDP-239, so anything that does happen is all upside.
Please see #msg-89280314 for a summary of the potential milestones for ENTA from the EDP-239 program.
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