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ANVS - Biotechs Ready To Roar
June, 10 2021 09:30 AM
Annovis Bio Inc.
Biotechs are ready to march forcefully higher after a lengthy consolidation. Approval of Biogen's Alzheimer's treatment creates a bonanza for neurodegenerative-focused companies and the overall biotech sector. The lower bar set for approval poses risk for Biogen in the out years. Positive data readouts in the second half will lead to rapid acquisition activity. Interest rates appear to have peaked for the short term, which should puff up biotech sails. For further details see:
Biotechs Ready To Roar
Stock Information
Company Name:
Annovis Bio Inc.
Stock Symbol:
ANVS
Market:
OTC
Website:
annovisbio.com
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