Editorial standards
Where every field comes from
Every figure and date on this site either comes from a primary source we link to, or is labelled as AI-drafted. This page lists each field, its source, how it is produced and how often it is refreshed. The editorial policy covers what we publish and why; the methodology covers the checks behind it.
Company pages
| Field | Source | How it is produced | Refresh |
|---|---|---|---|
| Cash and investments, quarterly operating burn, shares outstanding | SEC XBRL company facts | Read as numbers from the latest 10-Q or 10-K; a balance that fails a consistency check against the balance sheet, or is too old, is withheld rather than shown. | Daily |
| Cash runway | Derived from the two figures above | Cash divided by quarterly burn, times three. Not shown for a company funded by its own revenue, or when the result exceeds seven years. | Daily |
| Upcoming catalysts | ClinicalTrials.gov | A trial’s primary-completion date, labelled as the date data collection is scheduled to end, not when results are released. Entries without a registry record are removed. | On manual run |
| Pipeline phase and stopped programs | ClinicalTrials.gov, checked against the drafted pipeline | Trial IDs must be real NCT numbers. A program whose pivotal study is terminated, withdrawn or suspended is marked stopped, with a link to the record. | On manual run |
| Sponsor trial record | ClinicalTrials.gov | Every Phase 2 or 3 study the company sponsors, counted by outcome, with the reason given for each one stopped early. | Daily |
| Listing status | Checked by hand against exchange and company announcements | Recorded with the date it was checked. An unchecked company never gets a brokerage link. | When an editor changes it |
| Written analysis (summary, bull and bear case, risks) | AI-drafted from the page’s own record | The model is given only the figures, pipeline and sourced catalysts on the page; a draft that cites any number not in that record, reuses template phrasing or closely copies another profile is rejected. | On manual run |
FDA decision calendar
| Field | Source | How it is produced | Refresh |
|---|---|---|---|
| PDUFA goal date | The sponsor’s own 8-K, found by SEC full-text search | The date and the sentence stating it are read from the filing, which the page quotes and links. A statement that names no drug is held for review. | Daily |
| Outcome (approved, complete response) | Drugs@FDA, or the sponsor’s own unhedged 8-K | An approval counts only if it falls between 120 days before and 30 days after the goal date. Neither found: shown as awaiting outcome. | Daily |
| Advisory committee meetings | FDA meeting notices in the Federal Register | Meeting days from the notice’s DATES sentence about the meeting, never the comment deadline beside it. | Daily |
Monthly catalyst calendars
| Field | Source | How it is produced | Refresh |
|---|---|---|---|
| Event date | FDA, company announcement, SEC filing or conference programme, when one is linked | A day is shown only when one of those sources states it. A registry match confirms the program and caps the date at the month. Anything else is listed apart as unconfirmed. | On manual run |
| Calendar export (.ics) | The dated entries above | Only entries whose exact day a primary source states are exported. | On manual run |
| “Why it matters” notes | AI-drafted | Collapsed under each entry and labelled as drafted context. | On manual run |
Trial pages
| Field | Source | How it is produced | Refresh |
|---|---|---|---|
| Design, enrolment, endpoints, status | ClinicalTrials.gov | From the trial’s registry record, drafted into the page when it was generated. | On manual run |
| Competing trials | ClinicalTrials.gov | Active Phase 2 and 3 studies of the same condition, taken from the trial’s own registry record, by other sponsors. The registry does not record approvals. | Daily |
| Plain-English explainer and investor scorecard | AI-drafted | Labelled as AI-drafted in the byline unless a named reviewer is recorded. | On manual run |
Accuracy record
| Field | Source | How it is produced | Refresh |
|---|---|---|---|
| Outcome of each past calendar call | The FDA decision tracker, or a person with a source | The tracker settles a call only as hit, slipped or stale, citing its record; it never marks one wrong. What it cannot settle waits for a person. | Daily |
What “Daily” means
A scheduled job reads each daily source at 05:00 UTC and opens a pull request with what changed. The change is live once an editor merges it, so a figure can lag its source by a day or more. Every figure shows its own date, and the line under each page title says when the data and the text were last updated.
Educational information, not investment advice. See the disclosures.