FDA approvals of submitted drugs are not at a 50% hit rate. MOST drugs submitted to the FDA are denied approval. So chances are these two in the pipeline will be denied. If even one of them is approved we can consider luck to be involved. Drug approvals by the FDA really are like betting it all on a single number on the roulette wheel.
Where is this going? Have not seen AGI this perky in more than a decade! What is driving this upswing and where will it be when it arrives? And the spin-off we all received has been trading pretty perky too!