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Podcast: Investing Experts
Episode: Biotech and pharma diversification pays off
Description: Alex Carchidi dissects the biotech sector - mostly highly risky, borderline investments. Diversification pays off (3:40). Funding is hard to come by and performance has not been great but ebb will give way to flow (6:00). Biotech and pharma; gene editing, gene therapy competitive story (7:45). Buy the rumor, sell the news is cliched but true for these stocks (17:00). Getting realistic about high price of drugs (20:05).Show Notes:CRISPR/Vertex gene editing therapy approved in U.S. for beta-thalassemiaFirst RSV shots, groundbreaking gene therapy among 2024 drugs to watchPsychedelic Stocks = Super-Risky Biotechs Low On Cash. Make Small...