Best Biotechnology Stocks

Biotech stocks open the door to investing in innovation that’s shaping the future of healthcare. From pioneering drug developers to specialized firms in genetic engineering and diagnostics, this sector offers exposure to breakthroughs with the potential for transformative impact—and strong returns. These stocks are known for their potential for high growth but also come with significant volatility due to the complex nature of biotechnological development and regulatory environments.

The list below highlights some of the most widely followed biotech stocks in today’s market. It features a range of companies—from established leaders with approved therapies to up-and-coming firms advancing promising clinical pipelines. View each stock's current price, PE ratio, volume, and recent indicators of potential movement.

On This Page: Biotech Stock Resources FAQ Why Invest in Biotech Stocks

Company	Current Price	P/E Ratio	Market Cap	Volume	Average Volume	Indicator(s)
ABBV AbbVie	$231.48 -0.2%	110.23	$409.95 billion	3.30 million	6.41 million	Positive News Analyst Forecast
TMO Thermo Fisher Scientific	$559.48 +2.9%	32.36	$205.36 billion	3.93 million	2.54 million	Positive News Gap Up
DHR Danaher	$221.13 +6.1%	47.05	$149.22 billion	10.74 million	4.91 million	Trending News Earnings Report Gap Up High Trading Volume
VRTX Vertex Pharmaceuticals	$426.27 +1.7%	30.47	$107.45 billion	1.08 million	1.51 million	Positive News
GSK GSK	$43.93 -0.4%	20.34	$89.68 billion	3.91 million	6.00 million	Upcoming Earnings Dividend Cut
ALNY Alnylam Pharmaceuticals	$474.00 -3.5%	N/A	$64.39 billion	826,238	1.06 million
COR Cencora	$328.36 +0.3%	33.78	$63.47 billion	972,203	1.22 million	Positive News Insider Trade
ARGX argenex	$834.75 -1.7%	42.81	$52.30 billion	314,539	330,963
VEEV Veeva Systems	$289.95 +1.4%	59.54	$46.86 billion	709,498	1.24 million
TAK Takeda Pharmaceutical	$14.11 +0.2%	47.02	$44.80 billion	1.97 million	2.64 million	News Coverage

IQV IQVIA	$218.96 +3.3%	31.69	$36.05 billion	2.71 million	1.48 million	Positive News Upcoming Earnings
CTSH Cognizant Technology Solutions	$68.77 +3.1%	13.98	$32.58 billion	3.40 million	3.67 million	Positive News Upcoming Earnings Analyst Forecast
BNTX BioNTech	$106.89 -1.0%	N/A	$25.95 billion	554,563	667,404	News Coverage
BE Bloom Energy	$104.49 -4.2%	2,612.90	$25.52 billion	9.64 million	15.63 million	Upcoming Earnings Analyst Forecast
RPRX Royalty Pharma	$37.48 +2.3%	21.66	$21.36 billion	2.33 million	3.09 million	Positive News Dividend Announcement Short Interest ↓
UTHR United Therapeutics	$422.53 -2.3%	16.49	$19.52 billion	429,126	759,002	Trending News Upcoming Earnings Analyst Forecast Insider Trade
IFF International Flavors & Fragrances	$65.04 +0.6%	N/A	$16.57 billion	1.66 million	2.05 million
MEDP Medpace	$545.64 +0.2%	40.57	$15.29 billion	519,410	291,992
ILMN Illumina	$98.96 -0.5%	12.53	$15.29 billion	1.32 million	1.70 million
ICLR Icon	$193.26 +2.6%	19.88	$15.22 billion	1.50 million	853,915	Positive News
FN Fabrinet	$415.87 +2.0%	45.30	$14.56 billion	461,829	441,949
SUZ Suzano	$8.82 -0.8%	7.80	$11.77 billion	1.09 million	1.81 million	Upcoming Earnings
LITE Lumentum	$162.95 +1.2%	708.48	$11.42 billion	2.42 million	2.83 million	Analyst Forecast
RVTY Revvity	$96.92 +1.7%	41.07	$11.06 billion	1.12 million	1.13 million	Upcoming Earnings
MRNA Moderna	$27.49 +0.9%	N/A	$10.64 billion	6.14 million	9.44 million	Trending News Analyst Forecast
CRL Charles River Laboratories International	$188.26 +2.2%	N/A	$9.06 billion	1.05 million	943,636
BIO.B Bio-Rad Laboratories	$321.12 +12.7%	27.38	$7.75 billion	218	20	News Coverage Positive News Gap Up High Trading Volume
ABVX Abivax	$91.67 +0.2%	N/A	$7.12 billion	458,364	1.07 million	Short Interest ↓
IBB iShares Biotechnology ETF	$156.03 -0.3%	N/A	$6.71 billion	2.28 million	2.24 million
LEGN Legend Biotech	$32.86 -0.2%	N/A	$6.07 billion	1.25 million	1.41 million
KRYS Krystal Biotech	$190.78 -2.6%	38.78	$5.67 billion	226,727	292,867	News Coverage
TGTX TG Therapeutics	$35.22 +0.3%	95.19	$5.57 billion	1.15 million	1.61 million
PCVX Vaxcyte	$42.35 -1.3%	N/A	$5.57 billion	883,147	2.00 million
MENS Jyong Biotech	$60.00 +1.7%	N/A	$4.49 billion	500,082	448,257	Gap Up
TPC Tutor Perini	$66.90 -0.3%	N/A	$3.54 billion	447,133	539,918
AAPG Ascentage Pharma Group International	$34.46 -2.4%	N/A	$3.29 billion	6,625	6,776	Gap Down
HTGC Hercules Capital	$17.74 +1.4%	11.75	$3.18 billion	1.21 million	1.31 million
BEAM Beam Therapeutics	$29.89 -2.4%	N/A	$3.10 billion	3.47 million	2.37 million
CELC Celcuity	$65.50 -7.2%	N/A	$2.99 billion	1.80 million	1.44 million	Trending News Analyst Forecast
SXI Standex International	$234.89 -2.5%	50.62	$2.91 billion	175,358	124,851

RXRX Recursion Pharmaceuticals	$6.11 -8.5%	N/A	$2.90 billion	57.96 million	69.81 million
ODD ODDITY Tech	$50.71 -1.7%	28.17	$2.88 billion	301,120	601,010
JTEK JPMorgan U.S. Tech Leaders ETF	$92.76 -0.3%	47.07	$2.87 billion	163,832	242,659
ADPT Adaptive Biotechnologies	$17.35 -2.7%	N/A	$2.72 billion	2.02 million	1.97 million
APGE Apogee Therapeutics	$55.87 -1.9%	N/A	$2.63 billion	527,101	880,451	Analyst Forecast
FOLD Amicus Therapeutics	$8.47 +0.4%	N/A	$2.60 billion	3.25 million	5.45 million
CDTX Cidara Therapeutics	$103.22 +2.6%	N/A	$2.55 billion	759,211	1.27 million	Analyst Forecast
DNLI Denali Therapeutics	$16.96 -1.7%	N/A	$2.52 billion	1.21 million	1.90 million
DYN Dyne Therapeutics	$16.75 -1.9%	N/A	$2.43 billion	1.41 million	2.42 million	Positive News
IBRX ImmunityBio	$2.44 -0.4%	N/A	$2.41 billion	7.12 million	8.96 million
GLPG Galapagos	$31.43 -8.6%	N/A	$2.27 billion	1.07 million	222,097	News Coverage Analyst Forecast Gap Down High Trading Volume
TWST Twist Bioscience	$33.39 +2.0%	N/A	$1.98 billion	2.12 million	1.88 million
VRDN Viridian Therapeutics	$24.02 -0.3%	N/A	$1.97 billion	780,105	852,347	Trending News Analyst Forecast Gap Up
VERA Vera Therapeutics	$30.33 +0.4%	N/A	$1.93 billion	816,991	1.25 million
COGT Cogent Biosciences	$15.86 -2.2%	N/A	$1.85 billion	2.79 million	1.98 million	News Coverage Analyst Forecast Gap Up
IMCR Immunocore	$33.57 -1.1%	N/A	$1.71 billion	212,270	339,899	News Coverage
TXG 10x Genomics	$13.03 -0.8%	N/A	$1.64 billion	2.47 million	2.76 million	Upcoming Earnings
BCRX BioCryst Pharmaceuticals	$6.99 +0.9%	N/A	$1.45 billion	3.26 million	6.35 million
AZTA Azenta	$31.81 +0.8%	N/A	$1.45 billion	333,765	541,503	News Coverage Positive News
NVAX Novavax	$8.59 -2.3%	3.77	$1.43 billion	4.21 million	4.69 million
SYRE Spyre Therapeutics	$23.25 -1.0%	N/A	$1.42 billion	1.04 million	1.33 million
IMNM Immunome	$16.74 +3.0%	N/A	$1.41 billion	991,460	1.79 million
EVO Evotec	$4.01 +2.3%	N/A	$1.39 billion	21,403	48,345	Gap Up
ZYME Zymeworks	$17.93 -2.1%	N/A	$1.38 billion	613,021	664,922	Analyst Downgrade
ZYME Zymeworks	$17.93 -2.1%	N/A	$1.38 billion	613,021	546,377	Positive News
PHR Phreesia	$23.11 +0.7%	N/A	$1.37 billion	370,773	685,106	Trending News
AMLX Amylyx Pharmaceuticals	$15.29 -0.5%	N/A	$1.37 billion	2.75 million	1.91 million	Gap Up
SANA Sana Biotechnology	$5.71 +2.7%	N/A	$1.32 billion	6.14 million	6.05 million
WVE WAVE Life Sciences	$7.85 +0.5%	N/A	$1.24 billion	1.66 million	2.17 million	Analyst Forecast
UPB Upstream Bio	$22.33 -3.1%	N/A	$1.24 billion	475,311	354,144
TRML Tourmaline Bio	$47.91 0.0%	N/A	$1.23 billion	451,111	603,184	Positive News Short Interest ↓
RDW Redwire	$7.99 -3.2%	N/A	$1.19 billion	6.56 million	9.65 million	Positive News
NBTX Nanobiotix	$22.62 -7.7%	N/A	$1.18 billion	101,017	130,621	Gap Down
OCSL Oaktree Specialty Lending	$13.86 +4.7%	24.75	$1.17 billion	2.19 million	847,835	Positive News High Trading Volume
DNTH Dianthus Therapeutics	$35.03 -2.7%	N/A	$1.16 billion	304,832	621,542
ORKA Oruka Therapeutics	$27.36 -0.4%	N/A	$1.14 billion	242,578	558,435
HQH abrdn Healthcare Investors	$19.24 +0.3%	N/A	$1.03 billion	160,460	217,730	News Coverage Short Interest ↑
TNGX Tango Therapeutics	$8.99 -1.7%	N/A	$1.02 billion	1.29 million	2.18 million
DHC Diversified Healthcare Trust	$4.19 +0.5%	N/A	$1.01 billion	709,000	601,891
SEPN Septerna	$21.31 -5.0%	N/A	$1.00 billion	116,800	361,381
ANAB AnaptysBio	$34.11 -3.3%	N/A	$987.73 million	227,540	614,788
PROK ProKidney	$3.30 +0.3%	N/A	$968.19 million	2.03 million	2.11 million	News Coverage
RAPP Rapport Therapeutics	$26.78 +1.3%	N/A	$964.64 million	373,263	520,810
FTRE Fortrea	$10.39 -0.3%	N/A	$946.14 million	1.13 million	1.18 million	Analyst Upgrade
THR Thermon Group	$27.45 +2.2%	17.37	$887.80 million	169,624	171,796
VIR Vir Biotechnology	$6.27	N/A	$871.01 million	1.01 million	1.34 million
IOVA Iovance Biotherapeutics	$2.27 -2.2%	N/A	$839.50 million	14.95 million	10.90 million
URGN Urogen Pharma	$18.14 +0.8%	N/A	$832.52 million	695,149	1.12 million
PRME Prime Medicine	$5.59 -9.5%	N/A	$831.67 million	3.14 million	4.16 million
DNA Ginkgo Bioworks	$13.14 -3.6%	N/A	$806.89 million	963,579	1.83 million

TYRA Tyra Biosciences	$14.71 -2.1%	N/A	$800.52 million	175,820	175,940
PRME Prime Medicine	$5.59 -9.5%	N/A	$752.27 million	3.14 million	2.77 million	Positive News
ARVN Arvinas	$9.66 -0.6%	N/A	$713.62 million	1.60 million	2.58 million	Upcoming Earnings
REPL Replimune Group	$8.10 -9.4%	N/A	$698.21 million	9.62 million	8.83 million	Trending News Analyst Upgrade
TRNS Transcat	$72.00 +1.4%	50.35	$661.75 million	39,145	68,841	Upcoming Earnings
RGNX REGENXBIO	$13.09 +3.6%	N/A	$638.50 million	681,751	651,905
GLUE Monte Rosa Therapeutics	$9.59 -2.8%	26.64	$609.57 million	461,231	1.14 million
PRTA Prothena	$10.22 -1.4%	N/A	$558.22 million	289,798	787,379	Analyst Revision
RIGL Rigel Pharmaceuticals	$30.27 +2.7%	5.60	$528.43 million	389,111	581,139
FDMT 4D Molecular Therapeutics	$11.24 -0.3%	N/A	$526.34 million	778,580	762,889	News Coverage Analyst Forecast

Resources

Biotech Stocks Frequently Asked Questions

Biotech stocks represent shares of companies in the biotechnology sector, which focuses on using biological processes, organisms, or systems to develop products that improve health, fight diseases, and benefit the environment. This sector includes companies that work on drug development, genetic research, biologically derived materials, and more. Due to the innovative and often breakthrough nature of their work, biotech stocks are known for their volatility but also for their potential to offer substantial returns.

Prominent players in the biotech sector include large, well-established companies such as Amgen, Gilead Sciences, and Biogen, which have multiple products on the market and solid research pipelines. Younger companies like Moderna and Regeneron are also notable, especially for their roles in developing treatments and vaccines at an accelerated pace in response to global health crises. These companies represent a mix of stable investments and high-growth potentials within the biotech industry.

While biotech exists in other areas, the majority of the biotech stocks are in the medical and agricultural sectors. Investors might choose individual stocks of companies they believe have potential based on their pipelines or existing products. However, due to the high risk associated with the biotech sector, many opt to diversify their exposure through biotech ETFs or mutual funds, which include a range of companies from startups to established leaders. This strategy can mitigate some of the risks while allowing investors to benefit from the sector's overall growth.

Before investing in biotech stocks, consider the unique risks of this sector, including high development costs, regulatory hurdles, and the binary nature of clinical trial results, which can dramatically affect a company's stock price. Investors should be prepared for volatility and have a tolerance for risk. It is also crucial to research and understand the specific focus areas of biotech companies, as these can vary widely from medical devices and pharmaceuticals to agricultural and environmental biotechnologies. Consulting with a financial advisor who understands the biotech sector can provide valuable insights and guidance tailored to your financial goals.

Top Biotech Stocks: Exploring Innovation Opportunities

Written by Jessica Mitacek | Reviewed by Don Miller

Updated June 6, 2024 | Reviewed on June 6, 2024

Biotech stocks continue to be a robust sector of the stock market. An aging population with increasing healthcare demands, combined with rapidly growing and improving technology, supports the growth of biotech stocks. The biotech industry is highly competitive and incredibly diverse, with a few companies managing to stand out and make a name for themselves.

Biotech stocks can be highly volatile, and some investors choose to diversify their exposure through biotech-focused exchange traded funds (ETFs) or mutual funds to mitigate some of the risks while allowing investors to benefit from the sector's overall growth. Some top ETFs tracking companies in the biotech sector are the SPDR S&P Biotech ETF (NYSEARCA: XBI), iShares Biotechnology ETF (NASDAQ : IBB), and ALPS Medical Breakthroughs ETF (NYSEARCA: SBIO).

Let’s take a look at some of the top biotech companies in the world.

Vertex Pharmaceuticals (NASDAQ: VRTX)

Vertex focuses on treatments for cystic fibrosis and has seen strong growth in recent years. The company ranks highly among biotech companies and is exploring gene editing as a treatment for muscular dystrophy and sickle cell anemia. Vertex’s rapid profit growth makes it an attractive investment.

Regeneron Pharmaceuticals (NASDAQ: REGN)

Regeneron has a robust pipeline of drugs, including successful treatments like EYLEA for eye diseases and Dupixent for autoimmune diseases, as well as promising candidates like odronextamab for follicular lymphoma. The company invests heavily in R&D, leading to breakthroughs in treatments for serious conditions, positioning it as a leader in the biotech industry.

Moderna (NASDAQ: MRNA)

Known for its COVID-19 vaccine, Moderna is developing new vaccines and treatments including a flu/COVID-19 combination vaccine expected by 2025 and an RSV vaccine candidate that could be approved soon. The company is investing heavily in mRNA technology for other vaccines and treatments.

Amgen (NASDAQ: AMGN)

As one of the largest biotech companies, Amgen has a diverse portfolio of drugs for various conditions. The company is valued at over $100 billion and offers a generous dividend yield, making it a stable investment.

BioMarin Pharmaceutical (NASDAQ: BMRN)

BioMarin focuses on rare diseases and gene therapies. Its significant products include Vimizim, Voxzogo, and Roctavian, which have shown substantial sales growth.

Gilead Sciences (NASDAQ: GILD)

A leader in both HIV and liver diseases, Gildead is known for its revolutionary treatment for Hepatitis C released in 2014. The company has a strong pipeline with promising therapies in development, particularly in oncology and virology, which are expected to drive future growth. Gilead has also made strategic acquisitions to bolster its R&D capabilities and expand its market presence.

Legend Biotech (NASDAQ: LEGN)

This clinical-stage biopharma company specializes in cell therapies for cancer. Its breakthrough CAR-T cell therapy, Carvykti, has shown significant efficacy in treating multiple myeloma. In addition, the company has collaborated with Johnson & Johnson’s Janssen unit.

About The Editor

Jessica Mitacek

Managing Editor & Contributing Author

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Best Biotechnology Stocks

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Biotech Stocks Frequently Asked Questions

Top Biotech Stocks: Exploring Innovation Opportunities

Jessica Mitacek

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What Are Biotech Stocks?

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Top Biotech Stocks: Exploring Innovation Opportunities

Jessica Mitacek

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