My goal is to be a truly independent analyst for the pharma and biotech industries. I want to specify that:

In addition, I specify that I previously worked at Bristol-Myers Squibb. If I write about Bristol-Myers Squibb, my experience will not have impact on my opinions (beyond the obvious insights gained).

I take my personal integrity and the integrity of this site very seriously. I'm committed to always strive to correct any mistake I make quickly and publicly, and take active steps to ensure I don’t make mistakes.

This is purposeful on my part as I want my incentives to be aligned with my readers’.

If you have any concerns or questions about this ethics policy please contact me.

Please also note that my articles contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. My assumptions are usually long-term and based on fundamental analysis and strategy.

Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.

Andrea Di Biase