27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
With over twenty years of experience in the biopharmaceutical industry, Francois Lilienthal, MD, has joined Mind Medicine Inc. (NASDAQ:MNMD) as chief commercial officer (CCO). He had been serving as a consultant for the company for the last six months.
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Lilienthal has a long trajectory with pharmaceutical companies—in 1997, he was Associate Medical Director for Rhone-Poulenc Rorer in Japan and later joined Bristol Myers Squibb (NYSE:BMY), where he was director and Global Marketing Leader.
In 2003, he started his work at the Janssen Pharmaceutical Companies of Johnson & Johnson (NYSE:JNJ) as executive director and Global Marketing Leader. From 2005 to 2007, Lilienthal served as executive director and U.S. Brand Leader at Tibotec, leading the launch of three HIV brands and the launch of Prezista, which achieved $800M in annual revenues at its peak. For the next 14 years, Lilienthal would be part of Merck (NYSE:MRK), where he held several executive positions, including Vice President, General Manager for Virology, and Global Commercial Leader for Early Development.
“This is a pivotal time for the industry and I am honored to be joining MindMed,” the new CCO commented. “I believe there is potential for psychedelic-derived medicine to address brain health disorders and look forward to working closely with the executive team as we continue conversations with the FDA and advance MindMed through its next phase of growth.”
“Dr. Lilienthal's expertise in growing businesses through successful global product launches across a range of therapeutic indications will be critical as we advance our pipeline and seek to address the massive need for novel therapies”, added Robert Barrow, MindMed’s CEO.
This year, at the upcoming Benzinga Psychedelics Capital Conference, to be held on April 19 at the Fontainebleau Miami Beach Hotel in Florida, Robert Barrow will share his vision and valuable insights about the burgeoning sector.
Photo: Courtesy of Photo by Chris Liverani on Unsplash
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.