Biotechnology is a fast-growing field that is revolutionizing healthcare and other industries. Biotech companies are developing new drugs, diagnostics, and agricultural products to meet the needs of society and global markets. Biotech stocks have also been performing well as of late. The market has been kind to biotech stocks over the past couple of years, and many analysts suggest that this trend will continue into 2022. So if youre looking for some great biotech stocks to buy in 2022, we can help you out. This article will discuss three top biotech stocks to buy in 2022 and provide helpful information about these companies and their competitors.
Aurinia is a pharmaceutical company focused on developing therapies for patients with rare and neglected diseases. The companys lead product, voclosporin, is designed to treat lupus nephritis, a kidney inflammation caused by systemic lupus erythematosus (lupus). The company has a robust business model, and voclosporin effectively treats lupus nephritis in several clinical trials. Aurinia is expected to begin Phase III clinical trials for voclosporin in early 2022. Aurinia Pharmaceuticals is currently trading at $4.56 per share. The company has a market cap of $1.03 billion and a price-to-book ratio of 1.44. The company is expected to have annual revenue of $784 million in 2022.
Verve is a pharmaceutical company focused on developing therapies for rare central nervous system (CNS) disorders and diseases of the eye. The companys lead product, a treatment for retinal vein occlusion (RVO), is currently in Phase III clinical trials. Verve was formed due to a merger between Neurocrine Biosciences and Ferrokinetics. After the two companies merged, the company was renamed Verve Therapeutics and continued to work on the same RVO treatment. Verves RVO treatment is expected to be commercially available in 2022. Verve Therapeutics is currently trading at $3.63 per share. The company has a market cap of $1.32 billion and a price-to-book ratio of 0.99. The company is expected to have annual revenue of $539 million in 2022.
Neurocrine is a biopharmaceutical company focused on developing therapies for severe and rare diseases. The companys lead product, INGREZZA, is destructive dyskinesia (TD), a movement disorder characterized by involute notary facial, arm, and leg movements. TD is a severe and long-term condition that is often associated with the use of certain psychiatric medications. INGREZZA is effective in treating TD in several clinical trials. Neurocrine was formed due to a merger between Vercure Pharmaceuticals and Ferrokinetics. After the two companies merged, the company was renamed Neurocrine Biosciences. Neurocrine Biosciences is currently trading at $26.37 per share. The company has a market cap of $5.37 billion and a price-to-book ratio of 1.69. The company is expected to have annual revenue of $1.13 billion in 2022.
Regenxbio is a biopharmaceutical company focused on developing immuno-oncology therapies and bispecific antibodies (Bi-SBIs). Immuno-oncology treatments are being developed to treat various cancers by activating the immune system. Bi-SBIs are engineered to bind to two different targets at the same time. The companys lead product, RG101, is being developed as a treatment for diabetic macular edema (DME), a degenerative eye disease that affects individuals with diabetes. RG101 is effective in treating DME in several clinical trials. In addition, the U.S. Food and Drug Administration (FDA) has also granted Breakthrough Therapy Designation designation. Regenxbio is currently trading at $27.09 per share. The company has a market cap of $2.39 billion and a price-to-book ratio of 4.24. The company is expected to have annual revenue of $1.32 billion in 2022.
Biotechnology is a fast-growing field that is revolutionizing healthcare and other industries. Biotech companies are developing new drugs, diagnostics, and agricultural products to meet the needs of society and global markets. Biotech stocks have also been performing well as of late. The market has been kind to biotech stocks over the past couple of years, and many analysts suggest that this trend will continue into 2022. If youre looking for some great biotech stocks to buy in 2022, we can help you out. This article will discuss three top biotech stocks to buy in 2022 and provide helpful information about these companies and their competitors. Now its time for you to decide which biotech stocks to buy in 2022. Remember that these are just some suggestions, so do your research before investing in any company or store.
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Top Biotechnology Stocks to Buy in 2022 - Best Stocks
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