Despite many successes in 2023, the biotechnology industry saw a year-on-year decline in market capitalisation for the first time since 2012, according to GEN’s A-list. The largest biotech companies closed the year with a total market cap of $1.711 trillion, down 2.2% from the previous year. The decline reflects falling vaccine sales, increasing financial insecurity, and upcoming patent expiration for several major drugs.

News – Scroller Home Page – Kelly Benefits data breach compromised over half a million individuals – teiss
Summarize this content to a maximum of 60 words: News – Scroller Home Page – Kelly Benefits data breach compromised over half a million individuals teiss