
The biotech industry was at the forefront of vaccine development and helped tide over the pandemic. Government initiatives, rapid advancements in agricultural biotechnology, and the inelastic demand for healthcare are the main drivers of the biotech industry’s growth.
So, quality biotech stocks Biogen Inc. (BIIB), Alkermes plc (ALKS), and Vanda Pharmaceuticals Inc. (VNDA) might be excellent additions to your portfolio now.