[video]Why One Drug Flop Tanked Incyte's Stock

[video]Why One Drug Flop Tanked Incyte's Stock

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Motley Fool
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Biotech is not for the faint of heart. About 90% of drugs and therapies tested fail to make it to market. Even drugs with promising phase 2 data are up against huge odds of failure -- as Incyte(NASDAQ:INCY) shareholders were reminded of all too well today.