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BioCryst Pharmaceuticals, Inc.
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2021年5月6日
Biocryst pharmaceuticals drug approved for sale in europe
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BCRX
's Drug (Orladeyo) was recently approved by the european commission for sale in europe :
European Approval document:
https://www.ema.europa.eu/en/medicines/human/summaries-opinion/orladeyo-0
wiki page on the drug:
https://en.wikipedia.org/wiki/Berotralstat
This was previously only available in the US via prescription.
Access to additional markets should be healthy for the companies' balance sheet.
My plan:
Short term:
Change in sentiment is a good short term trade:
Short term play:
Bull debit option spread:
long May 21st $12 CALL
Short May 21st $15 CALL
Long term play:
Buy and hold 100 shares, sell 45 DTE covered calls against these shares, planning to hold for a period of 2-4 years if my outlook remains bullish .
I will review earnings calls, cash flows and balance sheets and review my sentiment after each quarter.
conall88
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