My first time investing in, or following a biotech
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Posted On: 08/04/2020 5:58:25 PM
Re: bwolfy2002 #47057
My first time investing in, or following a biotech stock and the approval process for a drug.
Gotta say, I’m floored at the amount of overwhelming CYA considering this pandemic is taking over 1000 lives a day in the US alone. I’d think some government entity would look at our great results, anecdotal and otherwise and say “let’s give this a go”.
Then again this level of bureaucracy is pretty much set in granite. No willingness to take a chance even with good data. Blinders on, gotta stick by the rules.
Gotta say, I’m floored at the amount of overwhelming CYA considering this pandemic is taking over 1000 lives a day in the US alone. I’d think some government entity would look at our great results, anecdotal and otherwise and say “let’s give this a go”.
Then again this level of bureaucracy is pretty much set in granite. No willingness to take a chance even with good data. Blinders on, gotta stick by the rules.
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