/biz/ - Business & Finance

>>19601063
don't assume all biotech is like those microcap biomemes with no drugs on the market, and everything riding on FDA approval on 1 - 3 experimental drugs.

Regeneron is one of my favorites, and I'm warming up to Bristol-Myers Squibb and Seattle Genetics. Hell, one of the largest pharma giants in the world is Merck, and their immuno-oncology drug Keytruda is fueling all their growth because it demonstrates such positive test results for various cancers, particularly some of the lung cancers.

Also, AMRN had more going on than that, but with those teeny tiny companies, the game is "buy the rumor, sell the news".

>>19601159
>Corporate profits in 2020 were almost identical to what they were in 2018.
my understanding is that we were pretty much in a recession already, and that recessions usually end with a bear market.