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This story initially appeared on PennyStocks
Will These Biotech Penny Shares Pop Subsequent Month?
Biotech penny shares have turn out to be a few of the hottest shares to observe all through the Covid pandemic. And whereas the plain clarification for that is the connection between biotech and Covid, there are some much less apparent elements to think about.
For one, the pandemic has helped to emphasise a wide range of biotech corporations that aren’t engaged on a Covid therapy. It’s because buyers have continued to deal with corporations which have a big pipeline of promising belongings reasonably than ones solely engaged on a vaccine or therapy.
The subsequent factor to think about is that there are lots of biotech penny shares engaged on both therapies or vaccines for Covid-19. These corporations will be extra risky than others, however the potential can be fairly