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Tom Richardson

Three ASX companies jockeying to be the next biotech winners

Clarity Pharmaceuticals reports it eliminated prostate cancer in a patient; LTR Pharma wants to sell nasal viagra; and Opthea has clinical trial results soon.

To make blockbuster returns in the sharemarket, you’ve got to find the winners of tomorrow, not today.

It’s easier said than done, but not impossible. As shareholders in Neuren Pharmaceuticals, Pro Medicus or Telix Pharma will tell you after watching the value of their shareholdings rocket between 10 and 100-fold over a few years.

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Tom Richardson was a journalist at The Australian Financial Review

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    Original URL: https://www.afr.com/markets/equity-markets/three-asx-companies-jockeying-to-be-the-next-biotech-winners-20240722-p5jvkc