Is Chelsea A Bad News Buy?
The following video is part of our "Motley Fool Conversations" series, in which health-care editor/analyst David Williamson discusses topics across the investing world.
In today's edition, David discusses whether Chelsea Therapeutics is a bad news buy. Shares have collapsed more than 60% year to date; its Neurogenic Orthostatic Hypotension (NOH) drug Nothera received a rejection in March. After meeting with the FDA, it looks like the FDA's complaints are more complicated for Chelsea than originally anticipated. Does additional uncertainty mean it's time to buy? Watch and find out.
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At the time this article was published David Williamsonhas no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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