Like many other biopharmas taking on the diabetes market, Biodel (BIOD) has had pretty serious setbacks. The decision to abandon the original Linjeta absolutely hammered the stock, and it is true that the company is a very speculative stock at this point. That said, with a near-term glucagon program that has relatively lower clinical risk and multiple attempts at the insulin market still in hand, it may be premature to completely close the book on this stock.
Can Glucagon Fill A Gap?
Biodel's nearest-term opportunity is with its glucagon rescue program. Glucagon is a naturally-occurring hormone produced by the pancreas to raise blood glucose levels. In healthy individuals, this is part of the normal blood glucose regulation process.
Read the full piece here:
Biodel Back At Square One, Not Zero
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