How do you determine the criteria for a good pharma or biotech stock? It seems as if their development cycles can take decades. How do you know if what they're developing is relevant in the future? How do you factor in FDA approval processes when evaluating the stock as well? In general, how risky are pharma or biotech stocks?
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How do you determine the criteria for a good pharma or biotech stock? It seems as if their development cycles can take decades. How do you know if what they're developing is relevant in the future? How do you factor in FDA approval processes when evaluating the stock as well? In general, how risky are pharma or biotech stocks?
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