By Marshall Gordon and Nicholas Wu, PhD
Healthcare, a Key Part of Solution to COVID-19
Healthcare has been the best-performing sector since the U.S. market peaked in February. This is reasonable because 1) the underlying demand for a large proportion of healthcare goods and services, particularly biopharmaceuticals, has not changed and 2) the political outlook for the sector has potentially improved with the exit of Bernie Sanders from the Democratic presidential race.
We're watching efforts by healthcare companies to develop solutions to help the world deal with COVID-19. Many large capitalization pharmaceutical companies, including Johnson