Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Analyst Comment

HCA Biosnack update: Will BioTech and Life Science stocks finally catch up as we enter 2024?

A strong finish to the year managed to secure a positive return for BioTech stocks in 2023 – the first in three years. The actual return was a decent 7,6 percent for the broader S&P BioTech index and a slightly higher 12,9 percent for the Mermaid Index, but those returns cannot hide the fact that 2023 was another lackluster year for BioTech and Life Science investors when compared to the stock market in general as BioTech and Life Science stocks (using S&P Biotech index) markedly underperformed MSCI All Countries by 10,4 percent. Adding the returns – or lack thereof! - from 2021 and 2022, a combined underperformance of more than 40 percent for the S&P BioTech index in the last three years probably better reflect the general negative investor sentiment with respect to BioTech and Life Science stocks as we enter 2024.

Read the full newsletter here: Biosnack newsletter

Disclaimer: HC Andersen Capital receives payment from all companies for a Digital IR/Corporate Visibility subscription agreement. /Claus Thestrup 11:20 AM 15-01-2024.

Login required

This content is only available for logged in users

Create account
Stay up to date
ExpreS2ion Biotech Holding
Ascelia Pharma
BioPorto
Gubra
Curasight
NeoDynamics
Pharma Equity Group
Qlife Holding
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.