BIT 2.94% 3.3¢ biotron limited

What’s new this time?, page-22

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    Do you want to provide some evidence for this outlandish claim that 89% of drugs in phase 2 trials that progress to phase 3 get FDA approval? Are you really suggesting that only 11% of drugs that enter phase 3 trials fail?

    Not talking about the science of a biotech company when discussing its commercial prospects is like ignoring geology when discussing a mining exploration company. The science is the base to the value of a biotech company.
 
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