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DewDiligence

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DewDiligence

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Re: DewDiligence post# 251125

Tuesday, 05/07/2024 12:20:06 PM

Tuesday, May 07, 2024 12:20:06 PM

Post# of 251930
MDGL—(-8%)—reports 1Q24 results:

https://finance.yahoo.com/news/madrigal-pharmaceuticals-reports-first-quarter-110000708.html

No revenue was booked in 1Q24 because the Rezdiffra launch occurred in April.

MDGL had $1.1B of cash at 3/31/24 thanks to the public offering immediately following FDA approval of Rezdiffra (#msg-174068028).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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