BUSINESSSTAT NEWS
STAT+: Halfway into the year, biotech is booming
Biotech stocks have surged in 2023, with the XBI index rising 30% year-to-date and hitting a five-year high. June saw a 19% gain for the XBI, bringing it close to its 2021 peak of $175.
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Adjacent reporting
- STAT+: Pharma goes on a spending spree, snapping up biotechs in a hurry
- French biotech stock soars 31% after new data on experimental medicine
- Marvell’s stock is on a run not seen in a quarter-century as the tech company grows in stature
- China Chip Stocks Jump on Hopes for Huawei Tech | The China Show 5/26/2026
- Emerging-Market Stocks Rise to Record High on Tech Boost
- The hottest stock market in the world has doubled this year. Now Goldman Sachs sees another 40% gain from here.