# The Biotech Edge: How Executives and Well-Connected Investors Make Exquisitely Timed Trades in Health Care Stocks

- Link: https://www.widthness.com/the-biotech-edge-how-executives-and-well-connected-investors-make-exquisitely-timed-trades-in-health-care-stocks-2/
- Published: 2023-07-04T09:30:42-05:00
- Author: Curated by John Wysocki

Image credit: Mr.Nelson design, special to ProPublica. Solskin, smartstock, Bet_Noire, hedge111, EschCollection, autsawin / Getty Images. Article by Ellis Simani and Robert Faturechi. ProPublica – June 22, 2023. The case was a bold step for the Securities and Exchange Commission. In 2021, the agency accused Matthew Panuwat of insider trading. Five years earlier, he had learned that his own company, a biopharma operation called Medivation, was about to get acquired. But instead of buying shares in his employer, he bought options in a competitor whose stock could be expected to rise on the news. The agency says he made $107,000 in illicit profits. […] Click here to view original web page at www.propublica.org