https://www.fool.com/investing/2021/01/04/...yout-candidates-in-2021/"bluebird bio
Many biotech stocks soared last year. Not bluebird bio (NASDAQ:BLUE). Its shares plunged nearly 50%. While that certainly wasn't good for Bluebird shareholders, I think it makes the company a much more attractive acquisition candidate.
It's important to understand why Bluebird wasn't able to fly high in 2020. The stock was hit hard in the overall market meltdown caused by the COVID-19 pandemic in the first quarter of the year. In May, Bluebird and its big partner, Bristol Myers Squibb (NYSE:BMY), received a Refusal to File letter from the U.S. Food and Drug Administration (FDA) for the regulatory filing seeking approval for ide-cel in treating multiple myeloma. Soon afterward, Bluebird conducted a dilution-causing stock offering. And in November, the company announced that was delaying the submission for approval of LentiGlobin as a treatment for sickle cell disease (SCD) from the second half of 2021 to late 2022.
I think that the main takeaway from this streak of bad news for Bluebird is that the biotech doesn't fully have its act together with respect to navigating the regulatory approval process. However, the potential for Bluebird's pipeline remains quite attractive. In addition to ide-cel and LentiGlobin, Bluebird has a promising late-stage candidate for treating rare metabolic disorder cerebral adrenoleukodystrophy with Lenti-D.
Because of its setbacks, Bluebird's market cap now stands at close to $3 billion. I suspect a big drugmaker (hello, Bristol Myers Squibb?) could look at this valuation along with the long-term prospects of Bluebird's pipeline and put this bird in a cage."
--
Was BMS dann wohl mit dem Medigene/BLUE-Deal anfangen würde? Und wenn überhaupt, würde ein Klinikgang vom 1.Kandidaten (MAGE-A4) würde wohl auch nicht gerade schneller kommen..!?
Was für ein trauriges Bild..
Thread abonnieren
ETF-Sparplan