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Day: August 12, 2021

Stock Investing

Biotech Stocks to Watch in 2021

In the biotechnology industry, tools for diagnosing health problems and mechanisms for treating them are developed. Biotech products typically require a significant amount of research and funding before they are approved by the FDA (Food and Drug Administration). A drug’s profitability is often discovered years after its development. Analysts, however, believe that biotechnology is about to hit its zenith. In the era of modern science, we can presently treat and prevent diseases we couldn’t even conceive of decades ago. Therefore, equity investors may find biotech stocks to buy. In addition to leading-edge drugs, biotech companies also develop promising new drugs.