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ALBO - Albireo Pharma: Updates To Thesis Key Readouts In 2020
Albireo Pharma Inc.
Shares of Albireo Pharma (ALBO) have risen by over 50% since I originally initiated a position in the stock as our fourth idea for ROTY (when it was just getting underway in mid-2017). The stock price has risen by 27% since my subsequent update piece was published in November of 2017.
The company popped up on my radar again on Tuesday after it provided an update on progress of the development of odevixibat for pediatric cholestatic liver diseases and elobixibat for NASH. With key readouts coming up in mid-2020, I'd like to revisit this one