BioCentury
ARTICLE | Finance

Biotechs likely to flood IPO market ahead of 2020 election

Flood of IPOs likely in 4Q19 as specialists navigate continued sector underperformance

October 4, 2019 6:48 PM UTC
Updated on Oct 7, 2019 at 10:53 PM UTC

Buysiders and bankers expect a flood of IPOs and a stock picker's market in 4Q19 amid a continued run of sector underperformance that is only expected to get worse in 2020.

As macro pressures continue to ramp up -- chief among them political rhetoric about drug pricing in the 2020 presidential campaign -- the expectation is that healthcare stocks will continue to lose favor...