Re: Went all-in on Keryx Biopharmaceuticals today....talk about a "buy low" poster child! <eom>
Today is my highly skeptical day.
I was interested in researching kerx because your posts, and dogs, peeked my interest.
I was surprised to see their drug is nothing more than ferric citrate...a common chemical and food supplement that can be purchased for a few dollars for 50 o so soft tell caps. Perhaps that's what the shorts are thinking. So easy to pirate th action.
Same skepticism I have about BIIB's Tecfidera...it's nothing more than dimehyl fumarate, a simple chemical available off the shelf of about a$100 a kilo.
, clinical studies are expensive, product discovery and development are trivial...targets for the price wars!
M