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In 2010 BioRunUp was created by Mark Messier and Mike Harvilla, two highly successful bio-tech stock traders. The company employs a trading strategy known as the “run-up” method – taking advantage of bullish movements in biotech stocks before key FDA events. This service provides alerts, reports, valuation models, watch lists and members only forum.
Biotech companies spend between $325M and $750M from development to approval of a new drug, a process that takes about 8-10 years. This begins with the creation of the drug, then is followed by phase I, II, and III clinical trials- all under the watchful eye of the FDA. These volatile catalysts present an excellent opportunity for traders to profit.
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