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NVS - BioLife: Can This Company Successfully Turn Around?
Novartis AG
A turnaround plays are highly risky yet you found them in the land of multi-baggers.
BioLife shares have tumbled substantially due to various issues like supply-chain that cannot keep pace with the company's growth by acquisition strategy.
There are also management changes and the NASDAQ compliance concerns. Nevertheless, BioLife already implemented solutions to fix those fundamental problems.