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Stock impact report

Achaogen: Smaller Label, Unchanged Market? [Seeking Alpha]

ACHAOGEN (AKAO) 
Last achaogen earnings: 3/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.achaogen.com/investor-overview
Company Research Source: Seeking Alpha
Summary Last Thursday, Achaogen ( AKAO ) organized a lunch with two KOLs and analysts to inform the investment community on how the company is preparing for the commercialization of its recently approved antibiotic Zemdri. Looking at how the market reacted on Friday, sending the stock close to its lows of the year, the KOL event actually seems to have been rather a K.O. event . Effectively, it was rather thin on details. While the two KOLs presented interesting patient cases that surely underscored the unmet medical need for Zemdri, very few details regarding reimbursement, pricing, foreseen formulary adoption, uptake etc. were provided, with the exception of the usual nonspecific statements about the team's readiness and excitement. There was, however, one very detailed slide that looked a bit surprising, if not outright strange to me: Until recently, Achaogen had always presented its addressable market as follows: While the older sl Show less Read more
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