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A Story of Investing in Biotech — the One Where Martha Stewart Goes to Jail

A Story of Investing in Biotech — the One Where Martha Stewart Goes to Jail Posted May 18, 2021 ImClone Systems was a market darling back in the day. The stock price went from single digits to $170 a share in about a year. ImClone was a biotech company that developed a drug called Erbitux.  Today, Erbitux is a cancer medicine that interferes with the spread of cancer cells in the body. The drug is used in combination with other drugs to treat colon and rectal cancer as well as head and neck ...
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