Biotech cycle, just getting started?
Beyond Borders report - worth a read https://www.ey.com/en_us/life-sciences/biotech-outlook
https://www.pharmaceutical-technology.com/analyst-comment/biotech-increase-q1-venture-funding/
Deal pipeline turning positive
NBI breakout, change in trend
Interest rates peaking
https://www.macrobusiness.com.au/2023/08/why-australian-interest-rates-could-still-rise/
https://www.rba.gov.au/speeches/2024/sp-so-2024-02-13.html
Cost of living and mortgage stress will continue to feel the pain unfortunately. I would assume it may limit but not prevent the cyclical turnaround of the biotech sector in 2024 / 2025.
If a bull run happens in 2025 it could surpass Covid rally, why? Because Covid was the spark to cash up the development pipeline for biotech. A couple of years on the cream is rising to the top!
DYOR
Biotech cycle, just getting started?Beyond Borders report -...
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