Secretary of Defense Lloyd Austin ‘shielded’ biotech firms in gain-of-function research audit, GOP senator claims
A recent audit of the Defense Department’s funding of gain-of-function research outside the United States “may have concealed” collaborations with Chinese biotechnology companies, at least one of which has ties to Beijing’s military, a Republican senator claimed Tuesday. In a letter obtained exclusively by The Washington Post, Sen. Roger Marshall (R-Kansas) asked Defense Secretary Lloyd […]
Biotech stocks are ready to break out. They just need one more thing – CNBC
As debate intensifies over when the Federal Reserve will start cutting interest rates, biotech industry analysts say there’s a growing argument for stocks in the sector. The central bank has kept interest rates unchanged since July last year as it patiently waits for further signs that inflation will slow. However, consumer price data for March […]
This biotech ETF sees ‘breakout’ while U.S. small-cap technology stocks lag – MarketWatch
Hello! This week’s ETF Wrap delves into the surge in biotech funds and the “unusual” trends in U.S. small-cap and small-cap tech stocks. Send your feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X. @cidzelis and find me linkedin.Isabel Wang @Isabelxwang. sign up here About the weekly ETF wrap. Some […]