Plummeting stock prices for biotechnology companies and declining valuations across the industry were common topics at the BIO International Convention 13-16 June in San Diego. However, attendees also looked for signs of hope in the current environment, including the ability of publicly traded drug developers to still be able to raise money through follow-on offerings and other means after reporting positive clinical trial results, as Scholar Rock and Day One Biopharmaceuticals Inc. did recently.
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