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To own United Therapeutics, you need to be comfortable backing a profitable pulmonary hypertension franchise while the company invests heavily in organ alternatives that may take years to validate. The core story still hinges on execution in existing therapies, pricing pressure in pulmonary hypertension, and how management allocates substantial cash flows, including buybacks, against a backdrop of moderating earnings growth. The miroliverELAP phase 1 data is encouraging but not yet a major near term catalyst, given just five patients and an early safety focus, so it does little to change the immediate revenue outlook. Where it may matter is on the risk side: success here could increase R&D intensity and regulatory complexity, while disappointment would remind investors how experimental the organ platform still is.
However, one risk in particular could catch some shareholders off guard if it worsens. United Therapeutics' shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.Explore 5 other fair value estimates on United Therapeutics - why the stock might be worth over 3x more than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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