Why Is 89bio, Inc. (ETNB) Among the Best Small-Cap Biotech Stocks With Massive Potential According to Hedge Funds? [Yahoo! Finance]
89bio, Inc. (ETNB)
Last 89bio, inc. earnings: 3/18 04:05 pm
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Source: Yahoo! Finance
to take a look at where 89bio, Inc. (NASDAQ:ETNB) stands against the other small-cap biotech stocks. The biotechnology sector is expanding quickly due to rising demand for novel therapies, technological advances, and government assistance. Advances in fields like gene editing, sequencing, personalized medicine, and artificial intelligence are making new techniques possible, while the aging population and growing healthcare demands are driving a robust market for new treatments. According to a report by McKinsey & Company, venture capital firms made approximately $52 billion in global investments in therapeutic-focused biotech companies between 2019 and 2021. Two-thirds of this sum was given to platform-tech start-up companies. Despite its growth, many biotech companies have faced challenges in turbulent markets, taking drastic measures such as cutting programs and implementing significant layoffs to conserve cash. While recent rate cuts could encourage the revival of scientific pr
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ETNB
News
- 89bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- 89bio, Inc. (NASDAQ: ETNB) was upgraded by analysts at Raymond James to a "strong-buy" rating.MarketBeat
- 89bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
- 89bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- 89bio to Participate in the 7th Annual Evercore HealthCONx Conference [Yahoo! Finance]Yahoo! Finance
ETNB
Earnings
- 5/9/24 - Miss
ETNB
Sec Filings
- 12/23/24 - Form SCHEDULE
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- ETNB's page on the SEC website