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JPMorgan ‘very encouraged’ by initial Attruby metrics presented by BridgeBio

Post the presentation at the 2025 JPMorgan Healthcare Conference by BridgeBio (BBIO), JPMorgan analyst Anupam Rama says the firm was “VERY encouraged” by initial Attruby metrics and notes that there are plenty of clinical catalysts on the horizon for 2025. The firm was not expecting a pre-announcement on Q4 sales for Attruby, but points out that the company presented initial market metrics from the Attruby launch. JPMorgan reiterates an Overweight rating on the shares based on its positive commercial outlook for Attruby as well as the underappreciated pipeline levers looking towards 2025.

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