Albireo Phase 3 Trial Meets Both Primary Endpoints for Odevixibat in PFIC
Excellent results. At the current pre market bid of $45, ALBO is valued at $700M mkt cap. I am going to give them credit for an additional $90M in cash for a priority review voucher,... login to read the rest
should be some fireworks tomorrow. continue to think Serum Bile Acid reduction will be positive, and optimistic on pruritus.
There is a Priority Review Voucher on the table as well.
http://ir.albireopharma.com/news-releases/news-release-details/albireo-announce-topline-results-pedfic-1-phase-3-trial
<fingers crossed>
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