Tracking Catalysts Within the Biotech Sector:
BioPharmCatalyst.com is an outstanding resource for tracking catalyst events within the biotechnology sector. Using the catalyst calendar, biotech traders and investors can research pipeline drug data relevant to upcoming events: FDA Approval/PDUFA, Advisory Committee Meetings, Drug Conferences, and Phase 1, 2 & 3 trial data releases. Strategically trading around these binary events is how Kyle Dennis has been able to capture over $2,000,000 in profit within just a few years.
Being that the biotechnology sector is so volatile, it’s critical that traders/investors are aware of all scheduled upcoming events within it. The results from trial data releases and/or FDA Approvals can have an extreme impact on the value of the particular company producing the drug – stock prices can soar by over 100% if news is good, or be cut in half if news is bad. Overall, the BioPharmCatalyst portal keeps you “in the know” within the sector. They even offer daily and weekly watch lists for individuals interested in receiving them.