It’s pretty complicated, so I stay away. Essentially you have to know what companies hold which patents.
- How defensible are those patents?
- How long until those patents expire?
- What drugs do companies have in the testing pipeline?
- How likely are they to pass clinics and reach market?
- When will they reach the market?
- And even if they do reach the market, what’s the earning potential?
Too complicated for me.
Written in 2015