FinanceAsianet Newsable
Biotech acquisitions hit record with 37 deals worth $1 billion
in5points
Drugmakers have announced 37 biotech acquisitions worth at least $1 billion this year, topping the previous annual record.
Biotech may be the next breakout trade, according to some market observers.
Retail sentiment toward biotech has never been lower, despite the acquisition activity.
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Rajeev Chandrasekhar / Jupiter Capital interests historically