New drugs and stock market: a machine learning framework for predicting pharma market reaction to clinical trial announcements

Abstract Pharmaceutical companies operate in a strictly regulated and highly risky environment in which a single slip can lead to serious financial implications. Accordingly, the announcements of clinical trial results tend to determine the future course of events, hence being closely monitored by t...

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Bibliographic Details
Main Authors: Semen Budennyy, Alexey Kazakov, Elizaveta Kovtun, Leonid Zhukov
Format: Article
Language:English
Published: Nature Portfolio 2023-08-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-023-39301-4