The Prognosis Brightens for Biopharma Funds

Soleus continues to lead the recovery in what had been one of the year’s most beaten-down sectors.

(Lauryn Ishak/Bloomberg)

(Lauryn Ishak/Bloomberg)

After suffering sharp losses in the first half of the year, biopharma-focused hedge funds continued to bounce back last month. Several of them are now either in the black, at breakeven, or close to breakeven heading into the final month of the year.

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