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ALBO - Mirum Pharmaceuticals: Undervalued Rare Disease Player With Clear Path To Market
Albireo Pharma Inc.
Shares of Mirum Pharmaceuticals (MIRM) have lost over a third of their value so far in 2020. To be fair, shares have doubled since lows established in Q4 of last year on the heels of a positive regulatory update for the company's lead program. It's also interesting that the current share price of $15 is the same level at which the stock debuted on the Nasdaq in mid 2019.
I've been meaning to dig into this one for some time, but I'm finding it especially worth our time considering the rolling NDA submission