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Biotech Trading Analyst at Chimera Research Group. Technical Analysis. Consulting & Market analysis of public companies

H.C Weinwright analyst: #CardiolRx Poised for the Final Stretch; Initiating With a Buy Rating and $9 PT (1) CardiolRx is a Phase 2 stage, pharmaceutical-grade, proprietary cannabidiol oral solution in development as a treatment for recurrent #pericarditis (RP) and acute #myocarditis (AM); (2) Cardiol’s use of a deliberate, scientific evidence-based approach to CardiolRx clinical advancement creates a significant barrier to entry; and (3) CardiolRx targets RP and AM, heart disease indications with significant unmet medical need with high potential to make CardiolRx a blockbuster drug that we forecast could achieve >$1.3B in peak annual sales. #CRDL #Cardiol #HeartDisease #CVD

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