Venture: Biotechnology

Issue 133;

The ByteTrend dataset keeps pointing us towards healthcare, which is enjoying a major rotation following a period of malaise.

ByteTrend - Average Weekly Trend Score

The big pharma companies are regaining some of their strength after a decade of underperformance.

Healthcare vs the World

However, the biotech sub-sector, the faster-growing segment, is doing much better. It has still lagged the World Index, but we sense that it is changing.

Biotech vs the World

The catalyst is clear. The most productive user of faster computers and AI is surely this sector, where complex problems and simulations can be solved much faster and at a much lower cost. The industry is especially excited about AlphaFold, a mechanism for protein folding that was deemed impossible until AI, inspired by the AlphaGo program, which solved it. Several companies have shown trend improvement, and we have picked the best.