Chris Bunge
Hedge fund analyst, long/short equity

Alcobra: The Next Big Thing In ADHD

On December 16, 2013 Alcobra announced its lead drug compound MG01C1 had TOVA and CAARS Scores equal to if not better than all existing players (this is how the industry measures efficacy in ADHD). Based upon their involuntary read out, I believe the stock is highly undervalued. Since December 20th, the stock has risen 20%; however, as I dig deeper within the December 16th report, it appears to be a major inflection point within their business. Dr. Yaron Daniely (the CEO of Alcobra) has publicly stated that their corporate strategy pending positive phase III results is to sell the company.

Business Description:

ADHD is one of the most common behavioral disorders in the world. Alcobra has stated that the market...

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