Tag: Biotech Stocks

Biotech stocks refer to shares of companies that are involved in the development and commercialization of biotechnology products and services. These companies typically focus on innovative medical therapies, diagnostics, and treatments, often utilizing biological processes or living organisms. Biotech stocks can represent a wide range of areas, including pharmaceuticals, genetic engineering, and medical devices. Investors in biotech stocks are often interested in the potential for high returns due to the rapid advancements in technology and the possibility of breakthroughs that may significantly improve healthcare outcomes. However, these stocks can also carry high risks due to factors like regulatory approvals, clinical trial results, and market competition.