Not long ago, Achaogen Inc. was flying high. In early 2017, the drugmaker’s market capitalization soared above $1 billion on high hopes for its new medicine, an antibiotic targeting complicated urinary-tract infections.
But in April—less than a year after the drug was approved by the Food and Drug Administration—Achaogen filed for bankruptcy.
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BOYCOTT FACEBOOK for allowing antisemitism to grow but they censor Trump supporters! BOYCOTT FACEBOOK for allowing hate groups to roam free but Trump supporters are blocked!
Would you really wanna heavily invest in an industry that could be possibly nationalized if one or two election cycles happen to go a certain way?
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