Replies to post #170301 on Biotech Values

[jellybean]

You will appreciate this article.

Nat Rev Drug Discov. 2013 Oct;12(10):737-8. doi: 10.1038/nrd4127.
Pharmaceutical forecasting: throwing darts?
Cha M, Rifai B, Sarraf P.

the authors use historical data from the launch of >260 drugs to show that sell side analysts are terrible at predicting drug sales.