Investors love the very companies they disdained just 6 months ago, and this turn of events is just getting started.
TheStreet's Adam Feuerstein gazes into his crystal ball to offer his biotechnology forecast for the new year.
The $510 million acquisition of YM BioSciences is a low-risk deal for the big biotech, and has Incyte shareholders worried.
Stocks add to earlier gains as Fed announces plans to continue stimulus measures.
These stocks are supported by both solid fundamentals and strong technical positions.
But expect the Affordable Care Act and prescriber pushback to curb drug-pricing power.
New data are significant as the biotech company moves closer to filing for approval of Sofosbuvir next year.
Clinical trials, drug launches and FDA approval decisions fill the calendar for these companies at the start of the new year.
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