$Ocuphire Pharma (OCUP.US)$ Not limited to, the development ...

Basic research → 3 clinical trials (+ α) → manufacturing → sales

The flow of

In the case of large pharmaceutical companies, there is little room for investment because they go through sales with their own funds

In the case of pharmaceutical ventures, even if basic research is done at a university, it is necessary to raise funds to conduct 3 types of clinical trials

Whether you can buy undervalued stocks at this fund-raising stage is important

In the clinical trial process, since the third clinical trial is clinically administered to people (200-400 people), it extends over a long period of time to gather patients

As a risk

◯Serious side effects were found in the third clinical trial

◯The number of patients required for clinical trials is not gathered

◯Exhaustion of funds due to the lengthy approval process

◯Acquisitions by major pharmaceutical companies

◯Manufacturing equipment cannot be prepared

etc

Although it is a field where investments should be made over a long period of time, it is a field where risks increase over a long period of time, so it is necessary to read published papers and presentations

Also, during clinical trials, financial results are basically red or very poor, so while estimating the investment period, we must keep a close eye on the company's finances, especially the balance between assets and liabilities, and determine whether it will withstand the spread of pharmaceuticals

Furthermore, research after entering the stage of adjusting product ingredients etc. is difficult because if it is turned into a paper, a patent cannot be obtained, so it is not disclosed