u/Nix_100

Reddit r/biotech_stocks
· tracked since Sep 2026
Calls
1
Win Rate
100.0%
return
+0.7%
Calls 1 1 Posts tracked · 0.2/day
Calls
7d 1
30d 1
90d 1
Win Rate 100% Long 1 Short 0
Win Rate
7d
30d
90d
Average Return +0.7% Long Return +0.7% Short Return -
Average Return
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Long
Sep 14
$37.38
+0.7%
Long IMVT ahead of positive Phase 2 CLE readout
Immunovant's Phase 2 trial for IMVT-1402 in Cutaneous Lupus is expected to read out positively, with the author assigning a 65-70% probability of success based on FcRn inhibition reducing pathogenic IgG autoantibodies and validation from J&J's Nipocalimab in SLE. The catalyst is the Phase 2 topline readout (estimated primary completion October 2026), with a target price of $45-$50 from the current ~$37, implying ~35% upside. The main risk is that early proof-of-concept data was from a small, open-label study without placebo control, and SLE is different from CLE.
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u/Nix_100 has 1 trade ideas tracked on Buzzberg across 1 tickers since September 2026. Most covered: IMVT.

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