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BioWorld - Wednesday, May 6, 2026
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Home » Is biotechnology in a bubble? Stock drag renews concerns
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Is biotechnology in a bubble? Stock drag renews concerns

April 29, 2015
By Marie Powers
Here we go again. Biotech stocks led Monday's market selloff, with the Nasdaq Biotech Index falling 4.1 percent following disappointing news from a pair of companies. Amgen Inc. led the stampede after FDA briefing documents posted Monday suggested its cancer immunotherapy drug, talimogene laherparepvec (T-vec), will face strong headwinds at Wednesday's joint meeting of the Cellular, Tissue and Gene Therapies and Oncologic Drugs Advisory Committee.
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