Medical device investing and biotechnology trading
Biotech Stocks
Biotech stocks include large, established companies like Vertex (VRTX), Regeneron (REGN), and Amgen (AMGN), alongside innovative players like Moderna (MRNA), BioNTech (BNTX), and argenx (ARGX), focusing on areas from immunology (ARGX) to weight loss drugs (Viking Therapeutics, VKTX). Other notable names are Alnylam (ALNY), Gilead (GILD), and Ionis (IONS), with options for broad exposure through ETFs like IBB or XBI
Biotech Income Revenue
Biotech income varies widely by role, experience, and location, but generally offers strong earning potential, with U.S. averages around $90k-$100k+ for general roles, while specialized positions (like Director of Translational Medicine) can exceed $190k, and senior scientists/managers earn ₹15-25 Lakhs in India; factors like degrees (Ph.D. boosts pay) and company (Genentech vs. startup) significantly impact salary, from entry-level $30k to top-tier $200k+
Biotech Investing
Individual Stocks: This approach offers the highest potential reward but also the highest risk. It requires extensive due diligence on a company's drug pipeline, management team, and financial health.