NYSEARCA:FBT - NYSE Arca - US33733E2037 - ETF - Currency: USD
Genmab receives royalties on the worldwide net sales of Darzalex, both the intravenous and subcutaneous products, under J&J's exclusive worldwide license to develop, manufacture, and commercialize daratumumab.
Robert F. Kennedy Jr.'s appointment as Secretary of Health and Human Services has sparked concerns over funding for the NIH.
U.S. Attorney General Merrick Garland said that the Justice Department would file an appeal with the U.S. Supreme Court seeking to block the entirety of Kacsmaryk's order suspending the FDA approval of the abortion pill mifepristone.
The growing demand for efficient and viable drugs, vaccines, and treatments for curing chronic diseases and newly emerging coronavirus variants should accelerate the biotech industry’s growth over the long term. Thus, it might be wise to invest in undervalued biotech stocks Regeneron (REGN), Biogen (BIIB), United Therapeutics (UTHR), and Exelixis (EXEL) with immense potential.
Biotech ETFs allow investors to buy into a basket of biotech stocks, rather than trying to select specific winners. This eases up on volatility.
Bloomberg reports that Evercore ISI's Mark Schoenebaum, a highly regarded biotech analyst, has died from undisclosed causes.The 20-year veteran took a medical leave from Evercore in 2016. Three months
The bull looked too tired at times and many experts predicted its demise with slowing global growth and rising trade tensions, but it has managed to survive so far. Many ETFs have crushed the broader indexes during this period.
Top-performing ETFs of the 10-year bull market that will continue to outperform in the coming months.
The largest biotech ETF looks good for investors who don't mind the industry's manic behavior.