Sep. 8 at 4:19 PM
$BEAM - it is joke and reminds us all of current state of casino market, that beam is down on this data update which was good update.
But then some articles are like it will take years to get approval for this (as if they were expecting this 302 approval in days or weeks) and need funds and do not have revenue and is not profitable and all that crap.
Anyone who are long term investors in Beam and institutions who owns 100% knows the stage of drug, pivotal phase with 50 patients to enroll and then 12 months follow up and then preparing BLA and then submission and all that and it takes 2 + years.
Very tough environment for even good Biotech and with good cash on hand.
