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LLY - Is Blueprint Medicines a Good Biotech Stock to Buy Now?
Eli Lilly and Company
So far this year, shares of Blueprint Medicines(NASDAQ: BPMC) haven't performed nearly as well as the company's research and development team. The company's already earned FDA approval for two new cancer drugs this year, but the stock is down about 17% this year.
Is this a good biotech stock to buy right now, or do investors have good reasons to remain wary? Here's what you need to know about this underappreciated cancer drug developer.