ENTA is a screaming buy based on valuation, IMO. ABT-450 is a so-so drug, but the economics of ENTA’s partnership with ABBV (#msg-89280314) almost assure that the share price will rise unless a safety problem derails ABBV’s HCV program (#msg-90408583, #msg-90352754). On top of that, you get the NVS partnership for free.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”