3 Doomed Biotech Stocks to Dump Before They Dive: February 2024

The unpredictable nature of the biotech industry, which frequently flirts with failure, underscores the inherent risks and rewards associated with doomed biotech stocks. The journey from drug discovery to market approval is notoriously long and uncertain. The road often exceeds a decade, with the approval process varying significantly by drug type. This complexity, coupled with a staggering 90% failure rate in clinical drug development, underscores the precarious nature of biotech investments.Indeed, the bi ...