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CNCE - Concert Pharmaceuticals: A Speculative Buy For Their Alopecia Areata Drug
Concert Pharmaceuticals Inc.
Alopecia Areata (AA) is an autoimmune disease in which the body mistakenly attacks one's hair follicles resulting in hair loss. AA affects men, women, and children of different ages & ethnicities.
There is currently no approved treatment for AA, but a close 3-way race between LLY, PFE, and CNCE is ongoing in this indication with a blockbuster potential.
I take a close look at CNCE and discuss my thoughts here.