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» Covid has made biotech companies the hot new tech sector as investor demand drives record IPOs
Covid has made biotech companies the hot new tech sector as investor demand drives record IPOs
Covid has made biotech companies the hot new tech sector as investor demand drives record IPOs
Submitted by
admin
on October 1, 2021 - 10:42am
Source:
CNBC
News Tags:
biotech
IPOs
investors
Headline:
Covid has made biotech companies the hot new tech sector as investor demand drives record IPOs
snippet:
Increased interest in the novel technology during the pandemic has driven a lot of capital into the sector, fueling record financings and IPOs.
The iShares Biotechnology ETF, which tracks the biotech industry’s biggest players, has surged roughly 62% over the last two years.
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