BridgeBio – Blockbuster Launch Fuels Global Biotech Momentum Company Snapshot:
BridgeBio Pharma NASDAQ:BBIO is transitioning into a commercial-stage growth story, anchored by its breakthrough ATTR-CM therapy Attruby (acoramidis) and a deep genetic disease & oncology pipeline.
Key Catalysts:
Attruby Launch Off to a Strong Start 🚀
$36.7M in first full-quarter sales from 2,072 unique prescriptions
Pivotal data:
42% reduction in all-cause mortality
50% fewer cardiovascular hospitalizations over 30 months
Positions Attruby as a potential first-line standard of care in ATTR-CM.
Global Expansion in Motion 🌐
Regulatory approvals secured in Europe, Japan, and the UK.
Strategic launch partnership with Bayer to accelerate physician adoption and market penetration.
Smart Capital Strategy 💰
Secured $300M in non-recourse funding via partial monetization of European royalties.
Funds a strong commercial push while retaining long-term upside from BEYONTTRA™ sales.
Robust Pipeline Depth 🧬
Over 30 clinical and pre-clinical programs, offering multiple shots on goal beyond Attruby.
Investment Outlook:
Bullish Entry Zone: Above $38.00–$39.00
Upside Target: $60.00–$62.00, driven by blockbuster drug momentum, global rollout, and pipeline expansion.
📈 BBIO has the dual advantage of a de-risked lead asset and a rich R&D pipeline—positioning it for sustained multi-year growth.
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Cardiology
Esperion Therapeutics Analyst Ratings In February 2020, both Nexletol and Nexlizet were approved as oral treatments to lower LDL-C. Bempedoic acid remains in clinical trials of its efficacy in risk reduction for cardiovascular disease.
Esperion shares peaked last February, after the FDA approvals, but since then, the stock has declined. Shares are down 65% since their peak. (tipranks.com)
Analyst ratings:
11/10/2020 Credit Suisse Group $45.00
10/15/2020 Bank of America $52.00
9/29/2020 JPMorgan Chase & Co. $35.00
8/11/2020 Needham & Company LLC $158.00
8/10/2020 Stifel Nicolaus $75.00
Today`s price: usd27.71
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