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MGTX - Kadmon Holdings: Updates To Thesis Systemic Sclerosis Study Gets Underway
MeiraGTx Holdings plc
Shares of Kadmon Holdings (KDMN) have lost a third of their value since I initially suggested readers purchase a pilot position after a solid performance at ASH in 2017. The stock is in the red by 15% since my March update piece reminded readers that lead program KD025 in cGVHD has a high probability of success in its registrational study.
An ROTY member reminded me that the stock has rebounded significantly in the past month, which led me to revisit and determine what changes have taken place in regards to our thesis.