CXS 0.00% 70.0¢ chemgenex pharmaceuticals ltd

what are the chances really

  1. 13 Posts.
    I am an newbie at this but bought two other biotechs
    that did well so I decided to take a chance on CXS
    Its now down 30% since I bought it.

    I just read that out of 10,000 drugs only 1 ever get approval from the FDA is that true?

    What are the odds once a drug has gone through the trial phases as CXS has?
 
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