both EMD and IHL are biotech companies, the only way to be...

both EMD and IHL are biotech companies, the only way to be successful in biotech is to get FDA approval, to do that a company must go through phase 1,2 and 3.

did EMD contact FDA at all ?
what are the conditions EMD are targeting?
at what stage trials are ?
answers to these questions are the reason why the current IHL market cap is 5 times EMD.
was there any company that got an FDA approval based on real world data ?
IHL strategy is the closest to GW pharma the only success story so far globally.