In this article, I have evaluated prominent biotech stocks, Moderna, Inc. (MRNA) and Exelixis, Inc. (EXEL), to predict which stock is worth buying. After thoroughly evaluating these stocks, I think EXEL is a superior choice to MRNA for the reasons discussed in this article.
The increasing research and development in personalized medicine, advancements in genetic engineering, and escalating demand for sustainable agriculture are some of the major factors propelling the biotechnology market. Apart from this, the convergence of biotechnology with information technology, known as bioinformatics, that enhances data-driven insights for research and development is propelling the market growth.
