Biotech Gwth Share Price (BIOG)

Https://www.ft.com/content/5c45f23b-9b43-4a95-8dcc-44587317b0dd potentially welcome news for the macro environment.

Looks like we are starting to experience the beneficial effects of the interest rate turn.the monthly news letter for november is worth a quick read.

The buybacks continue apace.i assume that the benefit of these will only be fully experienced when(hopefully not if)the cycle turns and bios once again become in vogue perhaps when interest rates turn and finance becomes less of a problem.

Ah ah. i can see i was well behind the curve.didntrealise there had been news on friday eveninghttps://www.reuters.com/markets/deals/us-ftc-allows-amgen-move-forward-with-278-bln-horizon-deal-cnbc-2023-09-01/ perhaps an uptick on monday?

Https://www.biospace.com/article/ftc-s-challenge-to-amgen-horizon-merger-sparks-industry-attention/#:~:text=Amgen%27s%20acquisition%20of%20Horizon,Commission%20(FTC)%20in%20May. this presents an optimistic view of the likely outcome, but I've no idea how authoritative it is and whether ,for example, an appeal from the court's decision is possible,which would delay matters further. anyway, not long till october for news. im not overly familiar with the background to all this and apologies if there have been developments since june which may put a different perspective on matters. certainly one to keep an eye on .