Kaiser Permanente is one of America's leading health care providers and nonprofit health plans, Kaiser has about 12.7 million members, including 9.5 million Californians. Kaiser prescribed an estimated 314,000 PCSK9 injections in 2023, Kaiser is now covering the cost after a patient has tried 2 statins, but Kaiser should soon add NEXLIZET & NEXLETOL on formulary, covering the cost without any restrictions. NEXLIZET as 1st choice over PCSK9's will generate a substantial cost saving of over $1 billion per year for Kaiser, patients will take a once a day pill instead of a injection every two weeks, and avoid two doctor visits every month. Esperion will see a very large increase in revenue, every 100,000 patients will generate nearly $500 million per year for Esperion.
Amgen
$Amgen (AMGN.US)$ and other PCSK9 companies know they will lose market share, a once a day pill is by far the easier and safer option versus an injection, also PCSK9 drugs don't lower HSCRP levels, and that is a BIG concern. NEXLIZET and NEXLETOL significantly lower hscrp levels, they have an edge over statin drugs and pcsk9 injections because they basically have no side effects and do not cause A1C #'s to rise, which is a becoming a serious concern because more and more people are seeing their A1C levels rise while taking a statin drug and at the risk of type 2 diabetes.
Statin drugs have a lot side effects that are concerning, muscle pain & damage, liver & kidney damage, memory loss, dementia, vision problems, dizzy spells, weight gain, low testostone, erectile dysfunction and much more. GET you Cholesterol levels checked, don't put it off, we had family friend die from heart attack while playing video games, he was in his late 20's. Watch this new video on Youtube , Lady taking NEXLIZET is now cured from Diabetes. Man talking shows off his GT2RS.
https://www.youtube.com/watch?v=DMW-BtT7WWE https://www.youtube.com/watch?v=DMW-BtT7WWEEsperions partner Daiichi Sankyo Europe (DSE) is way ahead on prescriptions, they currently have over 410,000 yearly scripts, on May 22nd 2024, DSE was granted the very same primary prevention label that the FDA granted Esperion in March months ago. In Germany NEXLIZET is 1st inline over PCSK9 injections, the U.K. will soon follow Germany requiring patients must try NEXLIZET 1st. DSE is starting prescription sales in 3 new countries. If Esperion had 410,000 patients that would be $2 billion a year in sales, x that by 3 x sales & you have a $30 stock price based on 200,000 shares outstanding.
On May 20th 2024, Esperion's Japan partner Otsuka finished it's phase3 Bempedoic Acid trial with excellent results, Japan will soon launch the equivalent of NEXLIZET & NEXLETOL resulting in milestone payments and up to 30% royalties for Esperion. Otsuka owes $600 million in milestone payments shown under partner page on Esperion Therapeutics website. Esperion expects to be paid $140 million in 2025 from Otsuka. Esperion expects to be profitable by the end of 2024 and has no need to raise any additional capital, so no stock dilution. Esperion has patent protection until 2031 and believes can have patent protection until 2040. Analysts average price target is $9+. Fair valuation on a takeover would exceed $2 billion, but on the low end an offer could be $8 to $10 and the high end $14 to $18.
Deep Sea : This is high risk stock. No guarantee this company will be bought over.
Deep Sea : I prefer Pfizer that has exists for more than 100 years. It is a strong fundamental company. The dividend yield is more than 5%. I prefer to buy and hold a known and stable stock.
10xStockPicks OP Deep Sea : Its actually not high risk because it has a strong balance sheet & is trading well below intrinsic value. You are missing the point here, anyone that wants a serious upside return needs to invest in companies before the growth curve. Esperion has the product & is in a huge market space. $PFE is slow growth
Growth Investor27 : Japan news should be very soon. I know Otsuka is very excited to be selling these statin alternatives drugs. ESPR will do very well.
Tonyco Deep Sea : Wouldn't say high risk - only because already started selling the drugs. Before FDA approval I would agree.