Biotech industry being reshaped by plummeting stocks; vaccines still protect against Omicron’s sister variant

Biotech investors, once the envy of Wall Street, have slipped into despondency. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

STAT+: 'Nowhere to hide': As biotech stocks plummet, an industry is being reshaped by the fallout By Adam Feuerstein and Damian Garde and Matthew Herper Mike Reddy for STAT The decline in biotech has erased billions in value and led even seasoned investors to question whether the industry has further to fall. Read More Early data indicate vaccines still protect against Omicron's sister variant, BA.2 By Andrew Joseph SAJJAD HUSSAIN/AFP via Getty Images New data show that vaccines still protect against a spinoff of the Omicron variant, a welcome sign about the latest coronavirus iteration. Read More In 'chemo brain,' researchers see clues to unravel long Covid's brain fog By Elizabeth Cooney Stanford The comparison offers new insight into an often debilitating symptom that up to a third of people with long Covid experience. Read More Sponsor content by STAT Events The STAT Breakthrough Science Summit At this March 31 event, executives, researchers, scientists, and investors will take the stage to discuss the technologies and procedures at the cutting edge of health and medicine. Get your ticket now to learn about the latest efforts to battle diseases and help patients. 'There's no free lunch with drugs': Janet Woodcock talks Covid monoclonal antibodies and pediatric vaccines By Adam Feuerstein and Damian Garde and Meg Tirrell Chip Somodevilla/Getty Images The acting FDA commissioner spoke with STAT about limiting the use of certain monoclonal antibody drugs that do not work against Omicron. Read More Opinion: Maximizing kidney transplant equity means minimizing geography By Vincent Casingal Thomas Peipert/AP Using 250-mile-wide circles around donor hospitals as a starting point to determine who gets a kidney transplant is improving equity. Read More Opinion: Break the stranglehold of the doctor-patient visit on health care innovation By Jennifer Goldsack and Soujanya (Chinni) Pulluru Adobe Allowing the in-person doctor-patient visit to be the linchpin of health care means missing huge opportunities for digital innovation. Read More Friday, January 28, 2022       1 Exchange Pl, Suite 201, Boston, MA 02109 ©2022, All Rights Reserved. I no longer wish to receive STAT emails Update Email Preferences | Contact Us | View In Browser