Positive News Coverage Somewhat Unlikely to Affect Vitae Pharmaceuticals (VTAE) Share Price
News headlines about Vitae Pharmaceuticals (NASDAQ:VTAE) have been trending positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vitae Pharmaceuticals earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave media coverage about the biotechnology company an impact score of 45.4093141291603 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
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About Vitae Pharmaceuticals
Vitae Pharmaceuticals, Inc is a biotechnology company. The Company is focused on discovering and developing small molecule drugs for diseases. It is engaged in developing a portfolio of product candidates through Contour, its structure-based drug discovery platform. The Company’s product candidates include VTP- 43742 for the treatment of psoriasis, as well as multiple other autoimmune disorders.
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