Why has entire biotech sector dropped March 2021 with 10-20b leaving and with this sector rotation How long will this biotech pull out last?

Free Article

Vaccine, drugs, DNA and protein: biotechnology short course | Season 1 Episode 21

Why has entire biotech sector dropped March 2021 with 10-20b leaving and with this sector rotation How long will this biotech pull out last?

By increasingly statistics of #COVID19 and new variants such as #Delta, #Omicron and #Beta that really threat social security and social health, economic position really change and people react to this change by changing there behavior based on their budget, and this lead to loosing lots of jobs from #Pandemic that really threat economic structure and function. People asked for basic needs such as food, clothes, home and sexual safety and health related products. This movement made a big change in market basket and high tech products such as biopharmaceuticals and biotechnology products fired out from market basket and this lead to 10 to 20 billion dollar leaving biotechnology sector in march 2021.

The next important vision is that this sector rotation will take long until #Covid19 pandemic become under control and medical system can control and economic structure become to its past structure and function. Because resources, human chain and technologies need a healing time and updating period.