Any product relying on the FDA to process approvals for anything is in for very uncertain times to say the least. It may be that firings and re-hirings and re-firings will bounce back and forwards according to the legal and bureaucratic wrestling, and it may also be that the current mob in the Whitehouse will see fit to exempt the FDA from their purges ( on the grounds that it does more to make America great again than other agencies), but whatever way it shakes out, it'll be disruptive.
And there'll be any amount of jockeying to the front of the queue for companies with the right maga connections. We are witnessing the dawn of a Golden Age of American Bureaucratic corruption.
Discl: not holding these days. Will sit it out for a little while yet ...
AVR Price at posting:
$11.20 Sentiment: Hold Disclosure: Not Held
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