The MSCI World Healthcare Net Return (NR) Index rose 3.1% in December 2020, compared with a 4.3% gain for the MSCI World NR Index. As regards GICS sector performances, Healthcare (+14.1%) closed the year in the top half of the table. The sector’s gain came with much lower volatility (25.5%) than that of all other sectors, except for Consumer Staples (21.8%).
We attended the ASCO 2023 annual meeting in Chicago. After the rise of immuno-oncology, COVID-19 challenged clinical trial execution and muted patient numbers. In the last years we saw many setbacks of once promising immuno-oncology combinations trials.
What mattered this month in healthcare? Q1 reporting came to a close, and FTC action put pressure on the biopharma space and... Find out more in our monthly healthcare newsletter.
With M&A picking up, are we at a turning point for biotech? Check out our latest Kieger AG Chart of the Month Video.