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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: A.J. Mullen who wrote (51923)2/1/2022 11:56:12 AM
From: DewDiligence_on_SI  Read Replies (1) | Respond to of 52153
 
There’s a lot of skepticism that anything will work in NASH, and MDGL didn’t help its case by withholding the fibrosis data from the NAFLD study. (Disclosure: No position.)



To: A.J. Mullen who wrote (51923)2/1/2022 3:19:44 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 52153
 
Madrigal will probably get FDA approval on its NASH drug before competitors like Viking Therapeutics, which has a similar drug that requires much lower dosage for similar effectiveness. However, the fact that the Viking drug dosage is about one-fifth the dosage required by Madrigal makes VKTX look more attractive at its current price, even if Madrigal wins FDA approval earlier than Viking. Note that both drugs are similar in the way they work.

Art