In the field of oncology, historical numbers suggest only 32.7% of phase 2 trials move on to phase 3. Furthermore, this data suggest that the chance of a phase 2 trial turning out successful and reaching approval is a mere 6.7%. So with such dismal odds, why do investors put their money at risk? Well the chance at positive results can lead to a serious windfall in their investing account, and may be worth the risk for them. In this article, I will discuss . . .
About Chris Stang
As a young investor, I focus developing biotech companies. I focus strongly on fundamentals, digging deeper to understand the financial and regulatory position of companies. The biotechnology sector is very volatile, please use caution and do your own additional due diligence before investing. I also secondarily focus on small security and defense companies that provide long-term growth opportunities.