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Monday, January 13, 2020

BridgeBio up 8% on pipeline expansion

BridgeBio Pharma (BBIO +8.4%) is up on modestly higher volume on the heels of its announcement that it has added four programs to its pipeline, a move that CEO Neil Kumar, Ph.D. will discuss during his presentation today at JPMorgan’s Healthcare Conference.
Encaleret: a small molecule calcium sensing receptor antagonist for conditions related to hypoparathyroidism. A Phase 2b study in autosomal-dominant hypocalcemia type 1 (ADH1) should launch this quarter.
BBP-551: a novel treatment for inherited retinal diseases caused by mutations in the RPE65 gene.
BBP-815: an AAV gene therapy for nonsyndromic hearing loss caused by recessive mutations in the TMC1 gene.
BBP-472: a brain-permeable PI3KB inhibitor for the treatment of children with autism-spectrum disorders characterized by the loss of the PTEN protein.
#JPM20

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