I hesitated while pasting together this Bio-Twitter Year in Review because... Does anyone really want to remember what happened in 2016?
Don't all raise your hands at once; 2016 was a lousy year for biotech investors. It started bad, got worse, perked up, got worse again, rebounded just a little, looked like it was normalizing then tanked -- again.
Still, if we have to look back at the pain, why not have some fun with it? I combed through my Twitter archive to compile a 2016 biotech review in tweets. Month by month, here's how 2016 went -- for you and for me.
You know a bad year is coming when your beloved dog dies right after New Year's Day.
Max died today. We're heartbroken. Lover of tennis balls, water, mud & runs in woods. My best buddy. I miss him. ❤️ pic.twitter.com/o0wRekNdIe— Adam Feuerstein (@adamfeuerstein) January 4, 2016
MannKind (MNKD) kaboom!
Another bad omen for 2016: A news-free start to the J.P. Morgan Healthcare conference.
This! (Followed fast by the FDA's decision to postpone the Sarepta (SRPT) advisory panel.)
$SRPT — eteplirsen dystrophin production better than drisapersen but not saying much. 0.9% of normal. Yikes.— Adam Feuerstein (@adamfeuerstein) January 15, 2016
Biotech stocks cratered...
By the end of January, there was nowhere for investors to hide...
No, dumbass, four more years of Trump!
Can someone please remind me. If Punxsutawney Phil sees his shadow tomorrow, does that mean six more weeks of Trump?— Adam Feuerstein (@adamfeuerstein) February 1, 2016
And surely someone shouted, "Buy the Gilead (GILD) dip!"
$GILD 2016 net product sales guidance $30-31B versus actual 2015 net product sales $32.2B— Adam Feuerstein (@adamfeuerstein) February 2, 2016
The only good news I had in 2016.
When your daughter receives a letter saying she was accepted to college. pic.twitter.com/uXKeOG6ViK— Adam Feuerstein (@adamfeuerstein) February 18, 2016
Dr. Robert Califf, the new FDA commissioner.— Adam Feuerstein (@adamfeuerstein) February 24, 2016
We were so hopeful, but we're still waiting...
Taking out the trash.
This list... UpdatedFebruary 25, 2016
Al Mann, 90, is dead. $MNKD was an anomaly in a hugely successful career as businessman, generous philanthropist. Peace to his family.— Adam Feuerstein (@adamfeuerstein) February 26, 2016
My new best friend.
Big news! Meet new member of my family. Just adopted. We'll be picking up this cutie this wknd or next. Dog ❤️!! pic.twitter.com/2FRwUSh2wP— Adam Feuerstein (@adamfeuerstein) February 29, 2016