The biotech industry is fueled by growing digitization and focus on developing personalized medicines. Given the industry’s steady growth prospects, investors could consider quality biotech stocks MacroGenics, Inc. (MGNX), Acorda Therapeutics, Inc. (ACOR), and Shionogi & Co., Ltd. (SGIOY), which are currently trading under $20.
The growing foothold of personalized medicine and an increasing number of orphan drug formulations are opening new avenues for biotechnology applications and are driving the influx of emerging and innovative biotechnology companies, further boosting market revenue.
