Cara Therapeutics Inc (NAS:CARA)
$ 0.2702 -0.0233 (-7.94%) Market Cap: 14.82 Mil Enterprise Value: -33.03 Mil PE Ratio: 0 PB Ratio: 1.39 GF Score: 31/100

Cara Therapeutics Inc at JPMorgan Healthcare Conference (Virtual) Transcript

Jan 13, 2021 / 07:00PM GMT
Release Date Price: $17.47 (+2.16%)
Jessica Macomber Fye
JPMorgan Chase & Co, Research Division - Analyst

Great. Good afternoon, everyone. My name is Jess Fye. I'm a senior biotech analyst at JPMorgan, and we're continuing the 2021 health care conference today with Cara Therapeutics. Just a quick note that instead of going across the hall for the breakout session this year, you can ask the question by using the blue Ask a Question button on your screen, that will send them to me through a portal, and I can ask management those questions after the presentation.

Without further ado, let me turn it over to Cara's CEO, Derek Chalmers.

Derek T. Chalmers
Cara Therapeutics, Inc. - Co-Founder, President, CEO & Director

Great. Good afternoon, Jess, and thank you very much for the invitation to be here today, if not in-person, at least virtually. So let me start by saying 2021 is going to be a highly significant year for us here at Cara on a number of fronts. We do expect FDA approval for our lead product candidate, which is KORSUVA Injection. It's a breakthrough drug for the treatment

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