If you’re considering buying ProKidney Corp. (ticker PROK) for the long term, one compelling reason is:
> Potential of its lead therapy to address a large unmet medical need.
ProKidney is developing a cell-therapy platform (namely REACT / “renal autologous cell therapy”) aimed at treating chronic kidney disease (CKD) in diabetic patients, a market with few disease-modifying options.
Because CKD affects many people and presents serious complications (e.g., kidney failure, dialysis), if REACT succeeds in later-stage trials and gets regulatory approval, the company could have a strong growth opportunity.
Cautious:
The company is still in clinical stage (no commercial product yet), so there is significant risk of trial failure or regulatory setbacks.
Analysts are mixed: some bullish (high upside if things go well), others cautious.
For long-term holding, you must be comfortable with biotech risk (protocols, timelines, cash burn, competition, etc).
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