M&A is back, but nothing in biotech is neat or simple

Adam Feuerstein is a senior writer and biotech columnist, reporting on the crossroads of drug development, business, Wall Street, and biotechnology. He is also a co-host of the weekly biotech podcast The Readout Loud and author of the newsletter Adam’s Biotech Scorecard. You can reach Adam on Signal at stataf.54.

This story first appeared in Adam’s Biotech Scorecard, a subscriber-only newsletter. STAT+ subscribers can sign up here to get it delivered to their inbox.

Biotech mood check: Happy

Two acquisitions. Strong drug launches. FDA drug approvals. A rebounding XBI now 18% higher from its recent low. 

All in, a very pleasant week so far.

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