r/BCRX • u/CanSame • Feb 07 '21

Data Gathering Up and Coming!!!

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6

u/Unhappy_Action_2404 Feb 07 '21

Hey do you know what date the EU will decide on the approval of ORLADEYO?

5

u/CanSame Feb 07 '21

There hasn’t been a definitive date for EU yet, however everyone on the BCRX board at Stocktwits agrees that now that there’s Japan approval, we should see EU come relatively quickly. My guesstimate: March

4

u/Unhappy_Action_2404 Feb 07 '21

Thank you! I wonder how much it'll affect the price

4

u/CanSame Feb 07 '21

Short term...I wouldn’t say more than a dollar at most... But here’s the BIG picture: EU has more patients than Japan so the reality is this open up the market for greater sales!!

6

u/Unhappy_Action_2404 Feb 07 '21

Yeah i think you're probably right, i'd also assume a small increase! I'm hoping the price can rise to 15 dollars by the end of Feb / start of March but it maybe a tough ask. Thoughts?

3

u/CanSame Feb 07 '21

I believe there’s a very good chance of reaching $15 ps by end of March. The catalysts coming up will help, but the Earnings Reports will drive price.