American Biotech Stocks Win Back Investors In Big July Run

Biotech returned to the good graces of investors this month and it may be the beginning of a revival for stocks in the industry.

With one full trading day left in the month, the Nasdaq Biotechnology index .NBI has climbed 11 percent in July, on pace for its biggest monthly percentage gain in three years. It was down 0.4 percent on Thursday as the broader market slipped.

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