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Stock impact report

bluebird bio: Several Delays Hit By COVID-19 [Seeking Alpha]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: Seeking Alpha
SummaryIn my last article, I discussed how bluebird was transitioning into a commercial company with its progress in its clinical programs.Since then, due to the COVID-19 pandemic, several of its programs have been delayed, and its share price has dropped by almost half.While I remain bullish long term, I see no short-term positive catalyst for a sharp recovery.IntroductionSince my last article on bluebird bio (NASDAQ:BLUEannouncedsharedBMYFurther Delays in Zynteglobluebird's lead program is an autologous gene therapy, Zynteglo for the treatment of TDT. TDT is the most severe type of ß-thalassemia and is characterized by severe anemia and lifelong dependence on red blood cell ("RBC") transfusions, which can lead to iron overload, which can be toxic and may lead to progressive multi-organ damage. The effective management of iron overload requires lifelong iron chelation therapy. The only potentially curative therapy for ß-thalassemia has been allogeneic Hematopoietic Stem Cell Transpla Show less Read more
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