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Stock impact report

Biotech investors gamble on M&A. Some drugmakers are betting on themselves instead. [Yahoo! Finance]

BridgeBio Pharma, Inc. (BBIO) 
Last bridgebio pharma, inc. earnings: 3/2 08:29 am Check Earnings Report
Company Research Source: Yahoo! Finance
When BridgeBio Pharma prepared to sell the heart drug Attruby on its own, investors and analysts were skeptical. The San Francisco-area biotechnology firm was competing with two large companies with experienced sales forces, and its chances of success seemed slim. Optimistic investors believed BridgeBio, at best, could rake in $100 million in sales for the year. But Attruby easily blew past those projections, earning $362 million in 2025 and proving BridgeBio a viable threat to its bigger rivals. Now, those analyst notes — the skeptical and the optimistic — are framed in the background of a room in BridgeBio's San Francisco office, where Matt Outten, its chief commercial officer, sometimes takes meetings. “When people come in, they see the good ones, and also the ones where people are like, ‘you could never do it,'” Outten told BioPharma Dive. “The nice thing is, I'm starting to have to replace the early notes with the positive ones.” Biotechs spend hundreds of millions, if not Show less Read more
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