Biopharma Funds Regain Some Health

At least one fund is in the black, and several others moved closer to breakeven in October.

Illustration by II

Illustration by II

A number of biopharma hedge funds enjoyed a healthier October.

These were led by the Soleus Capital Master Fund, which moved back into the black after gaining 5 percent for the month. It is now up nearly 3 percent for the year, according to two investors.

Meanwhile,

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