Contineum Therapeutics, Inc., a clinical stage biopharmaceutical company, engages in developing of small molecules different therapies for neuroscience, inflammation, and immunology indications with high unmet need in the United States. The company’s lead asset is PIPE-791, a novel, brain penetrant, small molecule inhibitor of the lysophosphatidic acid 1 receptor (LPA1R) for the treatment of idiopathic pulmonary fibrosis, progressive multiple sclerosis, and chronic pain. It also develops PIPE-307, a novel, small molecule selective inhibitor of the muscarinic type 1 M1 receptor which is in Phase 2 clinical trial to treat depression and relapse remitting MS; and CTX-343, a peripherally restricted LPA1R antagonist which is a brain penetrant drug candidate. The company was formerly known as Pipeline Therapeutics, Inc. and changed its name to Contineum Therapeutics, Inc. in November 2023. Contineum Therapeutics, Inc. was incorporated in 2009 and is headquartered in San Diego, California.
Promising Pipeline | Explore Contineum's key assets '791 and '307, targeting high-need markets like IPF, MS, and depression, with potential for expanded indications |
Clinical Milestones | Anticipate crucial PET receptor occupancy data for '791 in H1 2025, potentially de-risking development for IPF and progressive MS indications |
Market Opportunities | Delve into Contineum's strategy to address substantial patient populations in IPF, MS, and depression, leveraging its innovative compounds |
Financial Outlook | Analysts maintain "Outperform" rating with price targets ranging from $25 to $32, reflecting confidence in Contineum's long-term prospects |
Metrics to compare | CTNM | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipCTNMPeersSector | |
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P/E Ratio | −2.9x | −0.4x | −0.5x | |
PEG Ratio | −0.20 | 0.02 | 0.00 | |
Price/Book | 1.0x | 2.0x | 2.6x | |
Price / LTM Sales | - | 1.5x | 3.3x | |
Upside (Analyst Target) | 243.7% | 230.5% | 43.4% | |
Fair Value Upside | Unlock | 6.3% | 7.1% | Unlock |