Let's face it, we all wish we could have bought and held a stock that ended up rising 50 or 100 times in value over the last decade. Unfortunately, capturing that type of gain typically means investing while the company is still small and its outcome is uncertain. Trillium Therapeutics (NASDAQ: TRIL) , Vaxart (NASDAQ: VXRT) , and Twist Biosciences (NASDAQ: TWST) have ambitions so big, they could produce these life-changing returns from the big-risk, big-reward portion of a diversified portfolio.
Jan Skvarka, who Trillium introduced as CEO near the end of 2019, has said the company's long-term goal is to challenge chemotherapy. That's a bold statement, but the early results from the company's two drug candidates hint at the possibility. Many companies are working on treatments that prevent cancer's ability to mask itself from the human immune system, but Trillium's TTI-621 and TTI-622 are the best so far at doing so by themselves while also signaling the body to attack the disease. When a drug works by itself like this it's called a monotherapy. Although they are only in a phase 1 clinical trial, the drugs have proven themselves safe and produced best-in-class results as monotherapies even at low doses.
Management has scheduled an update for the end of April, when shareholders hope to learn what dosage and which disease targets the company will pursue in phase 2 trials. For now, shareholders have endured a 50% drop in the stock as shares of risky companies have been punished as interest rates rise. If Trillium succeeds , the stock could climb so high that 10 years from now shareholders won't even see the drop on a stock chart.
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These 3 Stocks Will Make You A Fortune If They Succeed