Jun. 19 at 2:52 PM
$NUVB I read thru the seeking alpha article after @BioCapitalist99 alerted me - it’s hogwash. Phase 4 studies are often required, and the first one for pediatric cancer is good news on multiple fronts. There aren’t many children with ROS1+ NSCLC (thank God), but that trial should extend Ibtrozi’s patents.
They also didn’t check LinkedIn. The sales force at Nuvation is great - many are friends from my Celgene days prior to our acquisition by
$BMY . Quite a few of them were at Medivation & Immunomedics prior to their acquisitions as well (by
$PFE &
$GILD , respectively).
I currently own a little over 11K shares and will likely buy more if it stays this cheap. Hung won’t sell this for
$14B like Medivation, but Ibtrozi is worth a couple of billion to a large pharma buyer - most likely not
$MRK (although they need to be cutting deals left and right before Keytruda faces LOE.
I’m a Nuvation bull 🐂
And this Seeking Alpha article is 🐂 💩
Good Luck to my fellow Bulls! ☘️