Posted Nov. 19, 2012 at 7:23 a.m.

Premium Lock Over the cliff: Gut check time for Tranzyme, other drug investors

Published: 2012-11-19 07:23:48
Updated: 2012-11-19 07:23:48

Tranzyme shares go over the cliff ... A screenshot from Google Finance shows Tranzyme shares plummeting in value at the market open last Thursday. Image 1 of 2 · Next Image…

A clinical trial failure triggers an 80 percent wipe-out of Tranzyme's stock value in two days. Fear of such failures is why so many investors steer clear of biotech stocks. Remember Biolex?...

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