Wednesday , May 1 2024
Home / Mike Norman Economics / Eric Ng – Why are investors offloading Hua Medicine stock which is close to launching a novel diabetes drug?

Eric Ng – Why are investors offloading Hua Medicine stock which is close to launching a novel diabetes drug?

Summary:
Since dorzagliatin is supposed to “repair” patients’ damaged insulin regulating function, it can potentially be a “cure” for some patients, who will not need the drug after certain period of intake. Existing drugs only lower3 blood sugar when the need arises. SCMP Eric Ng - Why are investors offloading Hua Medicine stock which is close to launching a novel diabetes drug?

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

NewDealdemocrat writes Repeat home sale prices accelerated in February (but don’t fret yet)

Angry Bear writes Sorta a book review “Wall Street’s War on Workers”

NewDealdemocrat writes Looking at historical “mid cycle indicators” – what do they say now?

Ken Houghton writes 2024 Election Life and Death Game Theory: Post- Conventions (full text)

Since dorzagliatin is supposed to “repair” patients’ damaged insulin regulating function, it can potentially be a “cure” for some patients, who will not need the drug after certain period of intake. Existing drugs only lower3 blood sugar when the need arises.

SCMP

Eric Ng - Why are investors offloading Hua Medicine stock which is close to launching a novel diabetes drug?
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *