2024-04-25 14:19:07 ET
Summary
- SpringWorks Therapeutics has received FDA approval for Nirogacestat, marking its entry into the commercial stage biotech industry.
- The company is now facing the challenge of successfully commercializing its therapy.
- With rapidly growing losses and its hefty market cap SpringWorks Therapeutics is a "Hold".
SpringWorks joined the ranks of commercial stage biotechs with FDA approval of its Nirogacestat (OGSIVEO) in treatment of adult patients with progressing desmoid tumors who require systemic treatment....
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SpringWorks Therapeutics -- Newly Commercial Stage, Fully Valued Biotech Means Steer Clear