RCE 1.85% 53.0¢ recce pharmaceuticals ltd

RCE Charts, page-349

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    What percentage of biotech companies fail?
    90%

    It can take a decade to get a new drug from the test tube to the pharmacy shelf. What's more, there is an overwhelming likelihood of failure, as 90% of all prospective new drugs fail to reach approval. 1 Still, for those that succeed, the rewards can be tremendous, and "daily doubles" are not unheard of.

 
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