Two Biotechs I liked in 2016: Medivation and Portage Biotech

“Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.” – Lao Tzu, 6th Century BC Chinese Poet

In 2016 I made mention publicly of only two equities that I really liked, Medivation and Portage Biotech.

Medivation I started to Tweet about in early April 2016 (see screenshot below) as a good candidate to be taken over by the end of the year. The stock at the time was trading around $40US. I had an aggressive target of $80. Just 100 days later, Pfizer said it had agreed to buy Medivation Inc. for $81.50 a share, valuing the total company at about $14 billion.

Portage Biotech is a penny stock that trades on the OTCBB at around .13c. ($PTGEF)

Many of the same players that built Medivation from a penny stock microcap to a $14 billion market cap takeover in 12 years are involved in Portage Biotech. A few weeks ago, Portage subsidiary company Biohaven completed a financing for $80 Million.

With Medivation now merged, Portage continues to be a favorite heading into 2017.

I look forward to finding you some more gems as soon as we uncover them.

Happy investing,

Anna Morera Leralta

As I thought and posted 8 days ago, Medivation, $MDVN received a takeover offer. The offer will be rejected – See my previous post.

— Anna Morera Leralta (@MedTechpreneur) April 28, 2016

Anna Morera Leralta

Medical Doctor specializing in Integrative Medicine and exploring the Medical Cannabis opportunity. Also fascinated by the convergence of Life Sciences and Technology - in particular Artificial Intelligence and how it will affect health care in the future. During my internships and volunteering, I have worked hand-in-hand with well-know physicians and professionals of the Health-Biotech sector. I've been awarded with numerous awards of excellence and scholastic scholarships. I'm a co-founder of an IoT startup that aims to help smokers successfully quit. Born and raised in Barcelona - Spain, with a zest for traveling, learning and expanding my horizons. Always curious, hard-working, open-minded and self-motivated.