Provention Bio (PRVB) - A Type 1 Diabetes revolution?

JHam
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Posts: 8,024

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Jul 6, 2021 13:44:44 GMT

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Post by JHam on Jul 6, 2021 13:44:44 GMT

Jul 6, 2021 11:28:55 GMT lcd said:

And this is why you shouldn't hold a biotech stock through a binary event;

finance.yahoo.com/news/provention-bio-receives-complete-response-110000199.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAH59FV_CzK4nIIqvWKZGhFn6oe8-_DtbYRB9V18WINTlu_WrRf9hhIJFnGQMLMdSWn41nAii7rGnaOI45tEugRkK60pvg5bXSiTCDuwg_yGEXofmBkhF3oV4gekz8VVew7JJZ-CyEFpWenfR-Pv9eCZ6Un-lUiT5c-g7NvMXPQvg

The upside is that there is a chance they could address the issues with the commercial product in the coming months, but I don't know the details on how that gets reviewed and approved, nor do I know how realistic it is to expect the current study to resolve the issues.

Yikes.

"There is no hair..."

lcd
God

Posts: 580

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Nov 22, 2021 15:10:34 GMT JHam likes this

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Post by lcd on Nov 22, 2021 15:10:34 GMT

PRVB supplied an update today on their comparability issue that resulted in the CR last summer. I don't see any schedule for when the FDA might complete their analysis or respond, but the market is responding positively.

finance.yahoo.com/news/provention-bio-provides-regulatory-teplizumab-123000070.html

I kept a small,very red position so hopefully the FDA responds soon.

lcd
God

Posts: 580

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Jan 28, 2022 16:37:37 GMT JHam likes this

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Post by lcd on Jan 28, 2022 16:37:37 GMT

It looks like PRVB and the FDA have agreed on a path forward for teplizumab.

finance.yahoo.com/news/fda-gives-green-signal-provention-125524829.html

The stock is up almost 20% today, but still at 25% of the 52 week highs.

lcd
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Posts: 580

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Nov 18, 2022 14:57:27 GMT JHam likes this

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Post by lcd on Nov 18, 2022 14:57:27 GMT

I kept my shares on this one and yesterday the FDA approved teplizumab, but even with a deal with Sanofi the stock is down today. I think I might add some shares today. Anybody else still following this one?

JHam
Administrator

Posts: 8,024

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Nov 18, 2022 16:23:22 GMT lcd likes this

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Post by JHam on Nov 18, 2022 16:23:22 GMT

Nov 18, 2022 14:57:27 GMT lcd said:

I kept my shares on this one and yesterday the FDA approved teplizumab, but even with a deal with Sanofi the stock is down today. I think I might add some shares today. Anybody else still following this one?

I had it on my watchlist a while back, but not anymore. Congrats on getting approved. $194K for a 14-day regimen…

"There is no hair..."

lcd
God

Posts: 580

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Nov 18, 2022 16:34:30 GMT JHam likes this

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Post by lcd on Nov 18, 2022 16:34:30 GMT

I am not sure if that price tag will fly, but Sanofi knows what they are doing. I more than doubled my position at $7. Could have gotten it lower but I was a little scared to pull the trigger on buying more biotech stocks.

lcd
God

Posts: 580

Provention Bio (PRVB) - A Type 1 Diabetes revolution? Mar 13, 2023 15:34:52 GMT

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Post by lcd on Mar 13, 2023 15:34:52 GMT

Not sure anyone on this board even owns any biotech stocks anymore, but I kept all of my shares in this one and it is the lone highlight in any biotech investments I have made in the last year or even two. Sanofi is buying PRVB for $25/share.

finance.yahoo.com/news/provention-bio-cancels-fourth-quarter-110000424.html