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jerseyboy

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jerseyboy

Re: KOGT post# 337

Saturday, 08/14/2021 6:18:06 PM

Saturday, August 14, 2021 6:18:06 PM

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Abingworth just bet $100 million that seladelpar will make it through the FDA, as they don't get any money paid back until it gets regulatory approval in the United States or EU. If you're familiar with that organization, they are extremely astute in the biotech field, and if they're betting that much on it to succeed, as the share price continues to fall in this recent biotech decline, there will come a point at which this is ridiculously underpriced, if in fact that point is not now. This is now on my radar and will be for some time, particularly if the share price continues to fall.
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