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Currently, the analyst consensus on Marinus is a Strong Buy with an average price target of $4.00.
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Based on Marinus’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $12.42 million. In comparison, last year the company had a GAAP net loss of $9.5 million.
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Marinus Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in the identification and development of neuropsychiatric therapeutics. Its clinical stage drug product candidate, ganaxolone, is a positive allosteric modulator being developed in three different dose forms: intravenous, capsule, and liquid.