Followers | 63 |
Posts | 8502 |
Boards Moderated | 0 |
Alias Born | 01/10/2014 |
Wednesday, December 04, 2019 11:56:22 AM
Excellent article.
One of the most exciting times for bioscience investors is during a positive regulatory binary, i.e. a drug approval. As I forecasted, Global Blood Therapeutics (GBT) gained FDA approval for its lead medicine, Oxbryta. Being the first of its kind, Oxbryta has a very strong chance of dominating an untamed market.
From a trading viewpoint, the stock usually but not always rallies after an approval. However, there are situations where the stock trades either sideways or lower. Regardless of the immediate or short-term event, a fundamentally strong company nearly always appreciates in the long haul. Either that or it'll get bought out to reward investors with a huge premium. In this article, I'll feature a fundamental update on GBT and provide my expectations for this intriguing growth equity.
In all, I maintain my buy recommendation on GBT with the four out of five stars rating. Riding the historic Oxbryta approval, GBT now has the best new medicine for SCD. Not only that Oxbryta has an excellent efficacy and safety profile, but it also is the only of its kind. As such, physicians are motivated to prescribe the drug when they know about it. That is to say when the marketing kicks in.
Now the SCD market is quite large, standing at approximately $3B without a dominant drug. As you see, Oxbryta is making its entry into this niche as a gamed "Apex predator." To be realistic, there are still crucial factors that can deter successful commercialization. While you don't have to agree with me, you should weigh the negatives and positives to gauge the long-term prospect of GBT.
Last but not least, two surprise catalysts can occur going forward. One is that GBT suddenly announced a marketing partner. Another possibility is a buyout. Either one would be a surprise present for the holiday.
Here is the entire article:
https://seekingalpha.com/article/4310396-global-blood-therapeutics-oxbryta-is-aimed-for-success
Statements made are only my opinion. Do your own DD in order to make your Investment decisions.
Recent GBT News
- GROUPE BMTC INC. ANNONCE L'ACQUISITION D'UN CENTRE DE DISTRIBUTION À TERREBONNE AFIN DE GÉNÉRER DES REVENUS LOCATIFS À LONG TERME • PR Newswire (Canada) • 04/15/2024 11:30:00 PM
- BMTC GROUP INC. ANNOUNCES THE ACQUISITION OF A DISTRIBUTION CENTER TO GENERATE LONG-TERM RENTAL INCOME • PR Newswire (Canada) • 04/15/2024 11:30:00 PM
- GROUPE BMTC INC. ANNONCE LE RENOUVELLEMENT DE SON OFFRE DE RACHAT DANS LE COURS NORMAL DES ACTIVITÉS VISANT SES ACTIONS ORDINAIRES • PR Newswire (Canada) • 04/10/2024 11:30:00 PM
- BMTC GROUP INC. ANNOUNCES THE RENEWAL OF ITS NORMAL COURSE ISSUER BID TO ACQUIRE COMMON SHARES • PR Newswire (Canada) • 04/10/2024 11:30:00 PM
- GROUPE BMTC INC. ANNONCE SES RÉSULTATS FINANCIERS POUR LA PÉRIODE DE NEUF MOIS TERMINÉE LE 31 OCTOBRE 2023 • PR Newswire (Canada) • 12/12/2023 12:30:00 AM
- BMTC GROUP INC. ANNOUNCES FINANCIAL RESULTS FOR THE NINE MONTH PERIOD ENDED OCTOBER 31st, 2023 • PR Newswire (Canada) • 12/12/2023 12:30:00 AM
- BMTC GROUP INC. ANNOUNCES FINANCIAL RESULTS FOR THE SEMESTER ENDED JULY 31st, 2023 • PR Newswire (Canada) • 09/07/2023 11:30:00 PM
- GROUPE BMTC INC. ANNONCE SES RÉSULTATS FINANCIERS POUR LE SEMESTRE TERMINÉ LE 31 JUILLET 2023 • PR Newswire (Canada) • 09/07/2023 11:30:00 PM
- BMTC GROUP INC. ANNOUNCES THE ELECTION OF DIRECTORS • PR Newswire (Canada) • 06/08/2023 09:32:00 PM
- GROUPE BMTC INC. ANNONCE L'ÉLECTION DES ADMINISTRATEURS • PR Newswire (Canada) • 06/08/2023 09:30:00 PM
- BMTC GROUP INC. ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED APRIL 30th, 2023 • PR Newswire (Canada) • 06/08/2023 06:00:00 PM
- GROUPE BMTC INC. ANNONCE SES RÉSULTATS FINANCIERS POUR LE TRIMESTRE TERMINÉ LE 30 AVRIL 2023 • PR Newswire (Canada) • 06/08/2023 06:00:00 PM
- Tanguay just moved in and is rolling out its experience across the province with 11 new stores • PR Newswire (Canada) • 05/16/2023 12:30:00 PM
- Tanguay arrive dans le décor et déploie son expérience à l'échelle de la province avec 11 nouveaux magasins • PR Newswire (Canada) • 05/16/2023 12:30:00 PM
- GROUPE BMTC INC. ANNONCE SES RÉSULTATS FINANCIERS POUR L'EXERCICE TERMINÉ LE 31 JANVIER 2023. • PR Newswire (Canada) • 04/27/2023 11:30:00 PM
- BMTC GROUP INC. ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED JANUARY 31st, 2023. • PR Newswire (Canada) • 04/27/2023 11:30:00 PM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM