I don't understand how this company could be worth about 50% less in the matter of a few months. From what I hear, Linzess has had good traction with MD's and good results with patients. I don't own any but thinking about starting a position. Can anyone shed any light on why it has decreased so much recently.
Wonder if it is large hedge fund selling off...
Sales of Linzess are increasing. More than 50% of Gastroenterologists have prescribed it so far. Primary Care MD's will usually follow the specialists lead.
May have to wait a year to see these results