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BMY - Evelo Biosciences: Clinical Data Coming Soon
Bristol-Myers Squibb Company
Evelo Biosciences seeks to harass the ability of microbes in the gut to direct the immune system.
The approach is novel and unproven and thus investing is a very high risk proposition.
If efficacious, these are benign, inexpensive to manufacture products which can provide treatments in large markets such as atopic dermatitis, psoriasis and COVID-19.
Positive data readouts will validate the platform and may move the stock price significantly upward. If data reads out poorly, expect a free fall.