RE: GDR PCR - SWOT28 Jun 2020 01:06
Im also in Tils, I’m not going to claim I know all about pharma companies, but I know enough to not think any pharma is a safe investment. For drug trials only 13% of drugs ever get FDA approval.
Granted we are not selling a drug. But just saying FDA don’t hand out approvals like sweets. Hence I wrote if we get FDA, expect a 25% mark up, I would be shocked if it didn’t go up on FDA approval. But likewise I’m equally cautious that if we’ve put in for FDA and it doesn’t come, don’t expect the SP to be unaffected.
The risks are high, and so is the reward. No such thing as a easy pharma investment.