How do you usually handle biotech event precedents?

I’m curious how people who follow biotech closely actually work through big events like FDA decisions or trial delays. When something major is announced, do you look back at similar past cases to see how those stocks reacted over the next few days, or is this mostly handled through experience and intuition? I’m trying to understand whether checking historical precedents is something people actively do before forming a view, or if it’s more of an academic exercise that doesn’t really influence decisions. Not selling anything, just genuinely interested in how others approach this.