With so many new public biotechnology companies minted in the last 18 months, it has become more difficult to sift out the winners from the losers. During 2020, the biotech industry gave birth to an unprecedented 89 new public companies, and 2021 is on pace to beat this record-setting year. Of all the strong-performing IPOs and biotech companies out there, companies focused on precision medicine, or compounds that directly affect disease-causing genes or proteins, continue to be the subsector getting significant attention, with high valuations being assigned to early- and mid-stage companies.
{iframe}https://seekingalpha-com.cdn.ampproject.org/c/s/seekingalpha.com/amp/article/4450667-gain-therapeutics-revolution-in-drug-development-at-venture-like-pricing{/iframe}