Replies to post #224230 on Biotech Values

[rfj1862]

Re CNAT

CNAT -46%/AH on (yet another) phase-2b whiff:

https://finance.yahoo.com/news/conatus-announces-top-line-results-200500270.html

NASH appears to be a dangerous space but if any product survives it will be an absolute goldmine.

I've placed my NASH bet on VKTX. To me it's the biggest no-brainer in this space. Doesn't mean it is going to succeed, I just feel their approach is far likelier to succeed than others.

[rfj1862]

CNAT -46%/AH on (yet another) phase-2b whiff:

https://finance.yahoo.com/news/conatus-announces-top-line-results-200500270.html

I assume VKTX was up 12% today because of this failure. Which of course clearly indicates it leaked.