EPOCH 1: BIOTECH MARKET RESEARCH $CYTK

Cytokinetics

JPM week begins on Monday.  Typically day 1 is characterized by M&A events. Cytokinetics ($CYTK) recently had a positive readout from Aficamten in the ​​SEQUOIA- HCM for oHCM.  The drug is projected to do $3.8B in WW PYS. M&A rumors are swirling, causing us to release our Monday update early. Options pricing indicates a potential move of ~40% - looking to take a bet on an M&A here it is.

Every Monday we are out with public biotech research, profiling biotech companies with near term catalysts. This will focus primarily on the major market moving biotech events such as data readouts from the major scientific conferences as well as potential regulatory approvals.

We will not offer specific trading advice (and we do not hold any publicly traded biotech equity), but rather flag emerging events that will likely materially drive stock prices (sometimes +/-100% in either direction).

Be sure to SUBSCRIBE to not miss.

HOW TO PLAY BIOTECH APPROVAL/DATA READOUTS ANNOUNCEMENTS

While biotech equities will move on news of announcement, often if there is high conviction in a positive read, a large run up ahead of the news will occur and the actual event turns into a sell the news event. Sometimes, investors wait for the actual event to make a long/short decision. And obviously if the news is disappointing (more often than not) the stock will tank.

This is not financial advice so you will have to make your own call on how to best play these events.

ALERT: Cytokinentics upcoming play on JPM day 1 M&A

DATE: January 8, 2023

IMPLIED VOLATILITY: +/- 40%

BACKGROUND: