3 Beaten-Up Biotechs -- Are They Buys?
Biotech stocks have been underperforming, but the drops in Puma Biotechnology (NASDAQ: PBYI), Clovis Oncology (NASDAQ: CLVS), and Regenxbio (NASDAQ: RGNX) have been downright jaw-dropping. Post-approval sales have been slow to materialize for Puma Biotech and Clovis Oncology, respectively, and concerns about regulatory disclosures by a licensee have weighed down Regenxbio. Is it finally time to step up and buy these stocks?
In this episode of The Motley Fool's Industry Focus: Healthcare, analyst Shannon Jones is joined by contributor Todd Campbell to explain what's gone wrong at these companies and, importantly, what could go right from here.
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Source Fool.com
