A revival in NASDAQ-listed small-cap biopharma stocks (namely, those worth less than $1bn) that started last November looks to be holding reasonably steady. The index is up by nearly 30%, at just over 3,100 points compared with six months ago, although its gains have been eroded by around 7% since late February amid concerns around stubborn US inflation rates.
A look back over the sector’s performance in the first quarter of 2024 using Evaluate Pharma data (based on a...