Biotech Roundup: 3 Stocks to Watch
Portfolio Pulse from
The biotech industry is anticipating changes following the appointment of Martin 'Marty' Makary as the new FDA commissioner by President-elect Donald Trump. This could impact various biotech stocks.
December 11, 2024 | 8:45 pm
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NEUTRAL IMPACT
Incyte Corporation (INCY) may be impacted by the appointment of Martin 'Marty' Makary as the new FDA commissioner, as regulatory changes could affect its drug approval processes.
The appointment of a new FDA commissioner can lead to changes in regulatory policies, which may affect biotech companies like Incyte. However, the specific impact on INCY is uncertain at this stage.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50