RE: Long Term Hold?Although it has the ability to tap into the aging baby-boomers market, it has to get to the market first. Its schizophrenia drug had negative test results and there is no guarantee that its treatment for parkinson's will be any different.
The company is using up its cash rapidly, approximating $20M in the past three months. Considering its inability to produce successful drugs, ACAD does not seem to be a favourable stock for the long-run.