biotech sector

2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Apr 24, 2023 by Rod Wong · across every show →

Everything said about biotech sector, oldest first

Apr 24, 2023 bullish
Prediction Not checkable as stated
Wong: Doubling drug approvals to 80 will drive massive biotech value creation
“On average, we've been approving forty-ish drugs a year, and if 40 goes to 80, even if you're losing some on pricing, it should be a tremendous amount of value creation.”
Rod Wong Apr 24, 2023 ▶ 15:15 Rod Wong – Empty Rooms: Innovation in Biotech at RTW (Capital Allocators, EP. 310)
Apr 24, 2023 bearish
Assertion Not checkable as stated
Wong: In Q2 2022 biotech stocks sold off even on positive news
“You know, as an example kind of the worst part of the bear market sell-off, this cycle, Q-two of last year, you could have been right on everything, right? Call the event right, Day the news comes out, the stock trades down because it's a source of liquidity l…”
Rod Wong Apr 24, 2023 ▶ 34:06 Rod Wong – Empty Rooms: Innovation in Biotech at RTW (Capital Allocators, EP. 310)
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