The Industry You’ll Feel Good About Investing In
There is a ready-made market for cutting-edge prosthetics – one that is expected to top $23.5 billion by 2017, thanks to the proliferation of joint disease, increased medical care in developing countries and an aging world population. Receiving the latest prosthetic may give recipients a new lease on life, but investing in the future of others can be an exciting affair, too.
Most people are afraid of change. Right now, automobile dealers across the U.S. are afraid of Elon Musk. Musk is the brilliant CEO of Tesla Motors Inc. (Nasdaq: TSLA). His outside-the-box thinking with regard to car sales has left dealers “all dressed up with no place to go.” With his direct-to-the-customer sales model, he doesn’t […]The Will of the People Be Damned
What Biotech Investors Must Know Before PDUFA Dates
The most important day for a biotech company is the PDUFA date (pronounced puh-doo-fuh). It stands for Prescription Drug User Fee Act. The PDUFA date is the day the FDA votes to approve or reject a drug. Sometimes, the FDA will rule before the announced PDUFA date, but it’s the day by which a decision is expected.