Today begins a series of periodic posts devoted to risk factors, from the interesting to the ridiculous. As time passes, I hope to accumulate a library of “risk factors” that will be a resource to me and to others.
We begin with this, from a filing by Fibrocell Science, Inc.:
If we are unable to keep up with rapid technological changes, our future products may become obsolete or unmarketable.
Our industry is characterized by significant and rapid technological change. Although we attempt to expand our technological capabilities in order to remain competitive, research and discoveries by others may make our future products obsolete. If we cannot compete effectively in the marketplace, our potential for profitability and financial position will suffer.