Is Aimmune Therapeutics a Buy? [The Motley Fool]
AIMMUNE THERAPEUTICS (AIMT)
Last aimmune therapeutics earnings: 2/27 04:05 pm
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Source: The Motley Fool
Many investors and analysts alike were expectingAimmune Therapeutics(NASDAQ:AIMTHowever, Aimmune has suffered considerably so far this year. Shares have been on a steady decline, with the company losing about 60% of its value so far in 00. What does this mean for investors considering thisbiotech companyImage source: Getty Images.Solving the peanut-allergy problem?Peanut allergies are surprisingly common among people in developed countries. Some surveys suggest that about .% of U.S. children have some form of peanut allergy, making it one of the most common food allergies out there.Despite the prevalence of this problem among both children and adults, biotech companies have struggled to develop a drug that can successfully treat it. However, that all changed this January when Aimmune Therapeutics announced that its main candidate, Palforzia, had received FDA approval for patients between the ages of and 7 with confirmed peanut allergies.While the drug doesn't cure the allergies thems
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