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Cara Therapeutics Inc T.CARA


Primary Symbol: CARA

Cara Therapeutics, Inc. is a development-stage biopharmaceutical company. The Company is focused on treatment paradigm to improve the lives of patients suffering from chronic pruritus. It is developing an oral formulation of difelikefalin, a selective, predominantly peripherally acting, non-scheduled Kappa opioid receptor agonist, for the treatment of chronic neuropathic pruritus associated with Notalgia Paresthetica (NP), a common, underdiagnosed neuropathy affecting the upper back. It is conducting Phase II/III Clinical Program in NP. The program is comprised of two studies - KOURAGE 1 and KOURAGE 2, which are double-blind, placebo-controlled, eight-week studies with patients allowed to roll-over into open-label 52-week extensions. It has developed an IV formulation of difelikefalin, for the treatment of moderate-to-severe pruritus associated with advanced chronic kidney disease in adults undergoing hemodialysis. The IV formulation is out-licensed worldwide.


NDAQ:CARA - Post by User

Post by SkyeCairnson Nov 27, 2015 1:41pm
277 Views
Post# 24332287

Offering

Offering
The secondary offering at the price(34.75)  and in the amount that it was is going to push and keep this stock down for the rest of the year.  I think this is poor mgmt.  They (Cara) should have either bought the private shares themselves or they (the family) should have sold the shares over a longer period of time.  The market is going to take quite a bit of time to digest these shares. 
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