Agree that the sector being down is another piece of this, but the only biotech on my watched stocks that’s down more (or even close) is EIGR.
As for why the biotech sector as a whole is getting creamed… no idea what reason du jour is, but long term… we still haven’t shaken off the too many biotechs chasing same MOA etc. It’s taking longer than I wld have guessed for companies to merge, trailing product lines to close down, … .
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