I greatly enjoyed looking at the roster of failed compounds/molecules. Some of it was a trip down memory lane.
Many of these treatments were absolute HELL; long long durations, with low cure rates and patients needed help boosting red and white cell counts, transfusions and anti-depressants. Many suffered after treatment long term/permanent damages.
An example where for some, the cure was worse than the disease.
Some had potential, some immediate busts and some like IDIX or ACHN took a while to go nowhere.
I first found one in 2003/4 from B.I. ; BILN 2061
So then started following new compounds.
My little hobby may have saved my life.
It didn't take me long to find out that the best medical information seemed to be on HCV forums and investing forums.
I had bought Vertex in the 20's a long time ago, and managed to sell it at a loss. : ) Meh; perhaps I should have held onto it?
I dabbled in Abbott and Gilead, buying and selling before approvals, but I was still gun shy from being burnt.
When I got into the Gilead trial, I figured that I could follow my "intuition" about investing. My viral load all but disappeared in one week. I bought in.
When I was virus free at 4 weeks I went all in.
When Sovaldi got approved Dec 2013 I shifted to ENTA 100% below $24-28. range.
Gilead is currently trading at about where it was where I sold in 2013.
What a crazy ride!
