1 Cathie Wood Stock That Could Go Parabolic Soon
Cathie Wood is one of the most influential investors in the area of high tech, and her Ark Innovation ETF has been a top performer this year. One of the stocks that Wood has been buying aggressively recently is Verve Therapeutics (NASDAQ: VERV), a company developing base-edited therapies for cardiovascular diseases. The company's base-editing platform is based on tech licensed from Beam Therapeutics.
Verve Therapeutics is a pioneer in the field of in vivo base editing, a technique that allows genes to be modified inside the body. The company's lead product candidate, VERVE-101, is designed to permanently lower LDL cholesterol (the "bad" cholesterol) in patients with heterozygous familial hypercholesterolemia (HeFH), a genetic disorder that causes high cholesterol levels and increases the risk of heart attacks and strokes.
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Source Fool.com
