Buzz: This lit­tle biotech has so much go­ing against it, some­body is go­ing to want to buy it. Right?

It’s the week af­ter JP­Mor­gan was dom­i­nat­ed by M&A news, so let’s get start­ed on the rest of the year by talk­ing about which biotechs are be­ing groomed for an ac­qui­si­tion.

Com­pa­ny num­ber 1 fits the bill per­fect­ly.

Alder $AL­DR has a lot go­ing against it. The biotech has se­cured a last-place fin­ish for it­self among the CGRP mi­graine play­ers af­ter stum­bling over its de­vel­op­ment sched­ule for eptinezum­ab and ex­e­cut­ing a man­age­ment shake­up. It’s es­sen­tial­ly a one-drug com­pa­ny, with a tiny staff go­ing up against mar­ket­ing gi­ants like Am­gen and No­var­tis and Eli Lil­ly and Te­va. Even if it wins an ap­proval for its late-stage drug and goes on to launch in 2020, how does it ex­pect to sell the ther­a­py?

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.