Are biotech startups trending?
Member
myrtis_hansen
It seems like there is a growing demand for lab work and lab testing as we venture into a new time with technology all around us and medical advancements. I am curious if biotech startups are trending right now as a result and which ones are seeing the most success. Anyone know?
Oh absolutely! Especially now with the trends. There is a race for someone to find a working vaccination for the COVID-19 outbreak as we speak and all kinds of investors are making moves in favor of it.
I agree with King. I see stuff in the news all the time about labs. I believe India is releasing their first medication that will be used to treat the virus. I am not sure how effective it will be but I am sure a lot of people invested heavily into these labs to make it happen.
They have been trending for a few years now. I think there is more of an open platform for them now because of what is going on. If you have the time and money to invest in a biotech company, it might be worth it.
Biotech startups have been growing for sometime now and are projected to become even bigger in the near future. While they are not easy to start without a solid amount of cash, once they get investors they seem to take off.
Are you familiar with Ancestry.com? DNA testing like this are in the realm of biotech startups and they have gained HUGE success in just the last 2 years and are projected to grow even larger. There is also an app-based band that allows you to shop according to your own DNA. Expect to see more of this coming out in the coming years.