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Nuvation Bio: Ibtrozi's Rollout So Far Confirms Bullish Case [Seeking Alpha]

Nuvation Bio Inc. Class A (NUVB) 
Company Research Source: Seeking Alpha
NUVB reported 204 new patients for Ibtrozi in the latest quarter, supporting a robust revenue trajectory and validating the product's market potential. A conservative revenue projection supports NUVB's current market cap. The value of ex-US market rights of Ibtrozi, together with the rest of its product pipelines, provides further hedges. If Ibtrozi's uptake accelerates and pipeline assets progress, NUVB shares could reach $10–$20 or higher, making it a decent long-term Buy for patient investors. spawns/E+ via Getty Images Overall Thesis This article serves as a follow-up to my initial analysis in this article of Nuvation Bio ( NUVB ), where I outlined a bullish case for the oncology-focused biotech following the commercial launch of its first approved therapy, Ibtrozi—a This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of NUVB either through stock ownership, options, or other derivatives. I wrote this article myself, a Show less Read more
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