Besides BioNTech, the Formycon AG share is my second Corona bet. Unfortunately, it has not yet worked out in this case. With an entry at approx. 65€, I am now at approx. -20% return 🆘.

What does Formycon do?

"Formycon continues to advance the development of its COVID-19 drug candidate FYB207. An expansion of preclinical efficacy testing is planned, the company reported Wednesday. Most recently, FY207 had produced multiple positive results, but at the same time is still far from being used in everyday life."

That sounds bullish for now. The results of the first clinical studies and a possible subsequent approval will determine to what extent a price rocket will ignite here.

https://www.4investors.de/nachrichten/boerse.php?sektion=stock&ID=155248