The Week Ahead in Biotech (Jan 31-Feb 5)

The Week Ahead in Biotech (Jan 31-Feb 5)
A laboratory test at the Transgene biotech firm, which is working to develop a neoantigen cancer vaccine, in Illkirch-Graffenstaden, eastern France, on Nov. 17, 2021. Patrick Hertzog/AFP via Getty Images
Benzinga
Updated:

The broader market weakness spread into the biotech sector in the week ending Jan. 28, sending stocks lower.

Johnson & Johnson got the ball rolling on large-cap biopharma earnings, with mixed results. The positive forward outlook, however, lent support to the stock. Edwards Lifesciences Corporation came under pressure following an earnings miss.