To say that 2022 has gotten off to a rough start for investors that back biopharmaceutical companies would be an understatement. The Nasdaq Biotechnology Index (NBI) is down 14.3% year-to-date and the XBI, a closely watched biotech fund, is down an even more painful 20.1% as of 28 January.
Overall biotech stock performance combined with the performance of recent initial public offerings – companies that went public in 2021...






