what is fda calendar? i have seen some people refer to it when trading in pharma companies?
can you please explain it to me.
- Anonymous1 decade agoFavorite Answer
FDA calendar is the one which has schedules of approval of drugs from pharma companies.
it is primarily used to check when the drug can be approved ( most of the drugs are approved since all the clinical trials are mostly done before submitting to fda, only in rare case of a previously unknown situation does fda disapprove the drug.
having a fda calendar means that one can have reasonable estimate of a sharp movement of stocks of that pharma companySource(s): http://www.favstocks.com/forum/fda-calendar/
- 1 decade ago
I believe it has to do with the federal drug administration and the investors are looking for new drugs that will be approved which of course will cause the stock to increase sharply.