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Disclaimer

Important legal information about using BiopharmaWatch.

Not Investment Advice

BiopharmaWatch provides data, tools, and analysis for informational and educational purposes only. Nothing on this website is investment advice, financial advice, trading advice, or a recommendation to buy or sell any security. We are not a registered investment advisor, broker-dealer, or financial planner.

Any investment decisions you make are your own responsibility. Talk to a qualified financial advisor before investing, especially in biotech and pharma where individual stocks carry real risk.

No Guarantee of Accuracy

We work hard to keep our data accurate and up to date, but we can't guarantee that everything on this site is complete, correct, or current. Our data comes from public sources like FDA.gov, ClinicalTrials.gov, and SEC EDGAR, and it may contain errors, gaps, or delays.

A few things to keep in mind:

  • PDUFA dates can be changed by the FDA without notice. Always double-check dates with official FDA sources before acting on them.
  • POA scores are estimates based on historical data and public information. They are not predictions or guarantees of what the FDA will do.
  • Insider trading data comes from SEC Form 4 filings and may have filing delays, amendments, or corrections.
  • Hedge fund holdings come from quarterly 13F filings and show positions as of the filing date, which can be up to 45 days old by the time they're published.
  • Stock prices and market data may be delayed. Don't use BiopharmaWatch as a source for real-time trading data.

Risk Disclosure

Biotech and pharma stocks are risky. You can lose your entire investment. Clinical trials fail, the FDA rejects drugs, patents expire, and competitors show up. Stock prices can drop fast. Past performance doesn't tell you what will happen next.

Third-Party Links

We link to third-party websites like FDA.gov, SEC.gov, and ClinicalTrials.gov for reference. These links are provided as a convenience. We don't control or take responsibility for the content or availability of external sites.

No Professional Relationship

Using BiopharmaWatch doesn't create a financial advisory, fiduciary, or any other professional relationship between you and us. The information here is general and isn't tailored to your specific financial situation, goals, or risk tolerance.

Limitation of Liability

To the fullest extent allowed by law, BiopharmaWatch and its owners, employees, and affiliates are not liable for any damages (direct, indirect, or otherwise) that come from using or relying on information on this website. That includes lost profits, trading losses, or loss of data.

Changes to This Disclaimer

We may update this disclaimer at any time. If you keep using the site after we make changes, that counts as accepting the updated version. We suggest checking back here from time to time.

Contact

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