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Portola Pharmaceuticals Inc. buy stratec

Start price
€17.97
25.11.18 / 50%
Target price
€31.57
13.01.20
Performance (%)
-26.56%
End price
€13.20
13.01.20
Summary
This prediction ended on 13.01.20 with a price of €13.20. The prediction for Portola Pharmaceuticals Inc. disappointed with a performance of -26.56%. stratec has 50% into this prediction
Performance without dividends (%)
Name 1w 1m 1y 3y
Portola Pharmaceuticals Inc. 0.012% 0.012% -32.057% -67.867%
iShares Core DAX® 1.080% -2.131% 14.264% 15.290%
iShares Nasdaq 100 0.362% 7.059% 35.383% 56.103%
iShares Nikkei 225® -1.155% -0.483% 8.258% 4.324%
iShares S&P 500 0.806% 5.037% 29.635% 49.529%

Comments by stratec for this prediction

In the thread Portola Pharmaceuticals Inc. diskutieren
Prediction Buy
Perf. (%) -26.56%
Target price 31.570
Change
Ends at 13.01.20

Portola's two approved drugs are targeting significant markets:


The most important of these is Andexxa.  


This compound is targeted at being a "universal antidote" for the new breed of anticoagulants like Eliquis. This is something the industry has desperately needed for some time, as more than 80,000 individuals end up in the emergency room annually in the United States due to negative reactions to these medications, many of them life threatening. Andexxa was just approved in May of this year and is just being rolled out.  The second generation Andexxa should be approved at yearend.  The first


generation is only being marketed to select hospitals.  Approval of the second generation Andexxa will kick manufacturing and marketing of Andexxa into overdrive.

The other compound in Portola's product portfolio is Bevyxxa or betrixaban which was approved for Venous thromboembolism (VTE) Prevention in the early summer of 2017.  To be more specific, Bevyxxa is the only FDA approved drug for VTE in adult patients hospitalized for an acute medical illness who are at risk for thromboembolic complication due to moderate or severe restricted mobility and other risk factors for VTE. 


The company has another promising compound 'Cerdulatinib' in development. Cerdulatinib has been granted the Orphan Drug Designation by the FDA for the treatment of peripheral T-cell lymphoma.  A pivotal trial for this condition should kick off in the first quarter of next year. Updated Phase 2 data for the treatment of refractory non-Hodgkin lymphoma and chronic lymphocytic leukemia - cancer will be presented at the big American Society of Hematology or ASH  conference on December 3rd.



Prediction Buy
Perf. (%) -26.56%
Target price 31.570
Change
Ends at 13.01.20

Buy beendet

Stopped prediction by stratec for Portola Pharmaceuticals Inc.

buy
Portola Pharmaceuticals Inc.

Start price
Target price
Perf. (%)
€44.88
26.12.17
€63.14
21.02.18
-7.37%
21.02.18