Royalty Pharma: Not Quite In The 'Buy Zone' Yet

Jul. 19, 2023 3:41 PM ETRoyalty Pharma plc (RPRX) StockVRTX, RPRX5 Comments

Summary

  • Shares of biopharmaceutical royalty concern Royalty Pharma plc have fallen 45% from their all-time high as inflation and a potential revenue decline from its number one asset weigh.
  • Vertex Pharmaceuticals Incorporated, the maker of multi-blockbuster cystic fibrosis med Trikafta, is advancing a candidate through Phase 3 trials that could lower its royalty burden to the company by two-thirds.
  • With a $1 billion share repurchase program just announced, the recent buying by the Founder and CEO merited a deeper dive.
  • A full investment analysis follows in the paragraphs below.
  • Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate. Learn More »

Genetic research and Biotech science Concept. Human Biology and pharmaceutical technology

jittawit.21

It is hard for an empty sack to stand upright"― Benjamin Franklin.

Today, we look at a somewhat unique play in the healthcare industry. The stock has seen some insider buying after a significant pullback in the shares. A sign a bottom

Live Chat on The Biotech Forum has been dominated by discussion of lucrative buy-write or covered call opportunities on selected biotech stocks over the past several months. To see what I and the other season biotech investors are targeting as trading ideas real-time, just join our community at The Biotech Forum by clicking HERE.

This article was written by

51.12K Followers

Bret Jensen has over 13 years as a market analyst, helping investors find big winners in the biotech sector. Bret specializes in high beta sectors with potentially large investor returns.

Bret leads the investing group The Biotech Forum, in which he and his team offer a model portfolio with their favorite 12-20 high upside biotech stocks, live chat to discuss trade ideas, and weekly research and option trades. The group also provides market commentary and a portfolio update every weekend. Learn More.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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