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A popular fund used to invest in the biotechnology sector on Thursday was on track for its best weekly gain in seven months, according to FactSet data. The iShares Nasdaq Biotechnology ETF was up 1.3% on the day and looking at a 9.3% weekly advance, which would mark its best such gain since the week ended Nov. 11. Gains in the exchange-traded fund were being aided by a 13% climb in shares of XBiotech Inc. and a 8% jump in Sangamo Therapeutics Inc. [: SGMO].
Original Article: Biotech Etf Ibb On Pace For Best Weekly Gain 7 MonthsNEXT ARTICLE
Biotechnology - Biotech
"using living things to create products or to do tasks for humans" About Biotechnology - Biotech Biotechnology is the practice of using plants, animals and micro-organisms such as bacteria, as well as biological processes - such as the ripen...
Bioscience - any of the sciences that deal with living organisms. The study of the nature, behavior, and uses of living organisms as applied to biology. Any of the branches of natural science dealing with living things, such as their structure, b...