The biotech sector has seen some serious momentum lately.
, which just bought
for $65 billion dollars, or
, which publicly said that it is looking to invest about $8 billion into the biotech space.
Over the last three months, shares of biotechnology firms
are up roughly 200%, compared with a decline in the
of almost 5% and a decline in the Nasdaq Biotechnology Index of about 3%.
So why have both names massively outperformed the boarder market?
To read more,
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