Elon Musk Leads Insider Buying Wave
The highlight of recent insider buying is an enormous purchase of Tesla shares by CEO Elon Musk. But it wasn't the only notable buy in the past week or so.
Headquartered in Minneapolis, MN Fiscal year ends December NASDAQ: CELC celcuity.com
Celcuity Inc. is a biotechnology company focused on developing and commercializing targeted therapies for the treatment of multiple solid tumor indications. Its first FDA-approved product is REVTORPYK (gedatolisib), a potent pan-PI3K and mTORC1/2 inhibitor that comprehensively blockades the PAM pathway. REVTORPYK is indicated in combination with fulvestrant, with or without palbociclib, for the treatment of adult patients with HR+/HER2- locally advanced or metastatic breast cancer without a PIK3CA mutation detected following progression on or after treatment with at least one line of endocrine therapy in the metastatic setting. The company is conducting the Phase 3 VIKTORIA-1 trial (PIK3CA mutant cohort results supporting a planned sNDA), the Phase 3 VIKTORIA-2 trial evaluating gedatolisib as first-line treatment in both endocrine-resistant and endocrine-sensitive HR+/HER2- advanced breast cancer, and a Phase 1b/2 trial evaluating gedatolisib in combination with darolutamide in metastatic castration-resistant prostate cancer. Celcuity is also developing a subcutaneous formulation of gedatolisib to support potential future indications requiring extended treatment durations. Updated
The highlight of recent insider buying is an enormous purchase of Tesla shares by CEO Elon Musk. But it wasn't the only notable buy in the past week or so.
Celcuity Inc. is a biotechnology company focused on developing and commercializing targeted therapies for the treatment of multiple solid tumor indications. Its first FDA-approved product is REVTORPYK (gedatolisib), a potent pan-PI3K and mTORC1/2 inhibitor that comprehensively blockades the PAM pathway.
The Wall Street consensus 12-month price target for CELC is $154.69.