Unknown BTCY May Have Big Upside Ahead of Likely Near-Term FDA Approval - InvestingChannel

Unknown BTCY May Have Big Upside Ahead of Likely Near-Term FDA Approval

– Health care as an industry will only continue to grow and offers an exceptional place to invest. Drug stocks face a historically high chance of failure, but medical devices are an attractive addition for investors wanting exposure to this booming market, up 440% over last few years.

– Biotricity (BTCY) just received FDA clearance for a new cardiomonitoring device and will be launching the product this year into a multi-billion dollar market with just a few competitors. With more devices planned for 2018 and 2019, this could be the next big multi-bagger winner among small medical device companies.

Developing new drugs is difficult, and most drugs will never make it to the market. Just about 1 in 10 drugs that go into human testing will ever actually be approved, thus the odds are stacked against investors betting on the publicly traded …View the full post at: Unknown BTCY May Have Big Upside Ahead of Likely Near-Term FDA Approval

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