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Triple9

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Triple9

Re: DigitalTradz post# 57764

Friday, 02/24/2017 6:20:55 PM

Friday, February 24, 2017 6:20:55 PM

Post# of 203913
Are you in healthcare? A doctor? Just wondering.

http://mobile.reuters.com/article/amp/idUSTRE7450SV20110506

Many doctors aren't happy with so many clinical trials taking place overseas (61% in this Reuters article) but its all about keeping costs down.

Many companies are selling new medicines in Asia, EU and South America, to help fund FDA trials.

I think the old bio tech model of IPO'ing at $50 a share and then praying the money doesn't run out before Phase 3 starts is a broken model. Who buys those IPOs now? They just go down and down and down.

Know What You Own. My posts should not be construed as investment advice.

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