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0.000185735512629978 0.00185735512630017 0 0 0.000742942050520044 0.00111441307578013 -0.00249071322436857 -0.00241456166419024
Stock impact report

Swiss biotech ecosystem recuperates from global financial instability [Yahoo! Finance]

CRISPR Therapeutics AG - Common Shares (CRSP) 
Last crispr therapeutics ag - common shares earnings: 8/7 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: nasdaq.com/symbol/crsp/real-time
Company Research Source: Yahoo! Finance
Swiss biotech revenues reached CHF 7.3bn ($8.06bn), as per an report by the same association. However, whilst the Swiss private biotech ecosystem is flourishing, experts say there is space for growth in the country's public markets. As the country where pharma giants like Novartis and Roche first started, Switzerland has long been a stronghold for pharmaceutical companies. However, the country was not unaffected by the stiff biotech ecosystem that affected the rest of the world in 2023. Geopolitical tensions from conflicts such as the Ukraine-Russia war, and the residual effects of the Covid-19 pandemic kept interest rates high in 2023, making several dealmakers more risk averse. The Organization for Economic Cooperation and Development (OECD) reports that Switzerland has a projected global gross domestic product (GDP) growth of 3.2% by 2025, coinciding with a 3.4% rise in inflation in the same period. In recent times, several Swiss companies wound down their operations, began Show less Read more
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