Lessons From Synergy Pharmaceuticals Stock's Disastrous Fall
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Synergy Pharmaceuticals (NASDAQ: SGYP) beat the odds by successfully winning FDA approval of Trulance last year, but it may not matter. Recently, management warned its struggling to renegotiate its debt and that increases the risk of its bankruptcy.
In this clip from The Motley Fool’s Industry Focus: Healthcare, host Shannon Jones is joined by Motley Fool contributor Todd Campbell to discuss what’s going on and more importantly, lessons biotech investors can learn to spot high-risk companies like this in the future.
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